Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Dana Corporation that follow. a. Calculate the firm's accounting cash flow from operations for the year ended December 31, 2012, b. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2012, c. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2012, d. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2012, e. Interpret, compare, and contrast your cash flow estimates in parts a, c, and d. Dana Corporation Balance Sheets December 31 2012 2011 Aucts US$ 1.500 1. 2000 2.900 Cash Marketable securities Accounts receivable Inventories Total current assets Gross fixed assets Less Accumulated depreciation Net fixed assets Total assets US$ 1.000 1.200 1.800 2.800 US$ 6,800 US$28.100 13.100 USS 8.200 US$29.500 14.20 US$14.00 US$23.000 US$15.000 US$21.500 USS 1.600 2800 US$ 1.500 2200 Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity USS 4.600 ISS S1000 USS 4.000 USS 5.000 US$10.000 SI US$12 S$23.000 SS21 December Income Statement Data (2012) 2012 2011 US$1,600 2010 Depreciation expense Famnings before interest and te Interest expense Net profits after taxes Tax rate