Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow a. Calculate the firm's net operating profit after taxes (NOPAT) for this year. b. Calculate the firm's operating cash flow (OCF) for the year. c. Calculate the firm's free cash flow (FCF) for the year, d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c) a. The net operating profit after taxes is $ 2,141 (Round to the nearest dollar) b. The operating cash flow (OCF) is $. (Round to the nearest dollar) This year Last year Keith Corporation Balance Sheets December 31 Assets Cash $1,540 Marketable securities 1,830 Accounts receivable 1,960 Inventories 2,860 Total current assets $8,190 Gross fixed assets $29,460 Less: Accumulated depreciation 14,660 Net fixed assets $14,800 Total assets $22,990 Liabilities and Stockholders' Equity Accounts payable $1,570 Notes payable 2.850 $1,040 1,200 1,840 2,790 $6,870 $28,080 13,120 $14,960 $21,830 $1,500 2.210 Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $1,570 2,850 200 $4,620 $5,060 $9,680 $9,950 3,360 $13,310 $22.990 $1,500 2,210 280 $3,990 $5,050 $9,040 $9,950 2,840 $12,790 $21,830 (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Income Statement Data (This year) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate $1,540 2,710 373 1,846 21%