help with the free cash flow please

You're an industry analyst for the telecomm sector, and have been analyzing financial reports from two companies: TT&T Inc. and Phonez Corp. The corporate tax rate for both firms is 35%. Your associate analyst has calculated and compiled, in the following table, a list of important figures you'll probably need for the analysis: Data Collected TT&T Inc. Phonez Corp. EBIT Depreciation Total operating capital Net investment in operating capital WACC $155,000 $62,000 $911,400 $434,000 8.84% $110,360 $44,144 $711,140 $229,400 11.50% In your analysis, you want to look for several characteristics--one of them being the return on invested capital (ROIC). Using the information available, complete the following statements: The net operating profit after tax (NOPAT) for TT&T Inc. is $100,750 whereas the NOPAT for Phonez Corp. is $71,734 TT&T Inc. has a free cash flow of , whereas, Phonez Corp. has a free cash flow of -$157,666 - $333,250 TT&T Inc. has a higher return -$331,750 pital than Phonez Corp. has. - $395,250 . Your inference from the analysis is that both firms are in a high-growth phase, and their growth will be profitable. Considering your analysis, which of the following statements is true? If a company has positive NOPAT but a negative free cash flow, then the firm could be in a high-growth phase and making investments in operating capital to support growth. If a company has negative NOPAT but a positive free cash flow, then the firm could be in a high-growth phase and making investments in operating capital to support growth