Finding operating and free cash flows Consider the balance sheets and selected data from the income Matement of Keith Corporation that fotow L. PO Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2018 b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019 c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019 d. Interpret compare and contrast your cash flow estimate in parts (b) and (c). a. The net operating profit after taxes is $(Round to the nearest color) b. The operating cash flow (OCF) is Round to the nearest dolar) c. The firm's free cash flow (FCF). (Round to the nearest dolar) d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c) (Select al rat apply) A The OCF value is very meaningful because it shows that the cash flows from operators are adequate to cover both operating expenses plus investment in food and current B. Keith Corporation has positive cash flows from operating activities C. Keith Corporation has nogative cash flow from operating activities HD. Depreciation is approximately the same streas net operating profit after tax, so the operating cash flow is about twice the NOMMT SE The FCF value is very meaningful because shows that the cash flows from operations are adequate to cover both operating para plus bestment in Bed and current Data Table st ar December 31 Assets 2019 2018 Cash $1,540 $960 Marketable securities 1,800 1,230 Accounts receivable 2,000 1,760 Inventories 2,860 2,800 Total current assets $8,200 $6.750 Gross fixed assets $29,460 $28,070 Less: Accumulated depreciation 14,700 13,070 Net fixed assets $14,760 $15,000 Total assets $22.960 $21,750 Liabilities and Stockholders' Equity Accounts payable $1,580 $1,520 Notes payable 2,810 2,150 Accruals 240 250 Total current liabilities $4,630 $3.920 Long-term debt $4,940 $5,030 Total liabilities $9,570 $8,950 Common stock $10,000 $10,000 Retained earnings 3,390 2,800 Total stockholders' equity $13,390 $12.800 Total liabilities and stockholders' equity $22.960 $21,750 (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) at Issets ung ting pera that ssets Print Done MacBook Air Finding operating and free cash flows Consider the balance sheets and selected data from the income Matement of Keith Corporation that fotow L. PO Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2018 b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019 c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019 d. Interpret compare and contrast your cash flow estimate in parts (b) and (c). a. The net operating profit after taxes is $(Round to the nearest color) b. The operating cash flow (OCF) is Round to the nearest dolar) c. The firm's free cash flow (FCF). (Round to the nearest dolar) d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c) (Select al rat apply) A The OCF value is very meaningful because it shows that the cash flows from operators are adequate to cover both operating expenses plus investment in food and current B. Keith Corporation has positive cash flows from operating activities C. Keith Corporation has nogative cash flow from operating activities HD. Depreciation is approximately the same streas net operating profit after tax, so the operating cash flow is about twice the NOMMT SE The FCF value is very meaningful because shows that the cash flows from operations are adequate to cover both operating para plus bestment in Bed and current Data Table st ar December 31 Assets 2019 2018 Cash $1,540 $960 Marketable securities 1,800 1,230 Accounts receivable 2,000 1,760 Inventories 2,860 2,800 Total current assets $8,200 $6.750 Gross fixed assets $29,460 $28,070 Less: Accumulated depreciation 14,700 13,070 Net fixed assets $14,760 $15,000 Total assets $22.960 $21,750 Liabilities and Stockholders' Equity Accounts payable $1,580 $1,520 Notes payable 2,810 2,150 Accruals 240 250 Total current liabilities $4,630 $3.920 Long-term debt $4,940 $5,030 Total liabilities $9,570 $8,950 Common stock $10,000 $10,000 Retained earnings 3,390 2,800 Total stockholders' equity $13,390 $12.800 Total liabilities and stockholders' equity $22.960 $21,750 (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) at Issets ung ting pera that ssets Print Done MacBook Air
