In 2020, Garage Doors Inc. had sales of $350 million. Operating costs, depreciation and interest were $230 million, $30 million and $10 million respectively. Its corporate tax rate is 40%. The company reported $40 million in operating current assets and $14 million in operating current liabilities. It also reported net property, plant and equipment of $70 million and Long Term Debt $180 million.

For 2019, net operating working capital was $28 million, net property, plant and equipment was $60 million and Long Term Debt $200 million.

Net investment in operating capital during 2020 was $8 million.

Required:

With respect to 2020:

(a) What was the companys net income?

(b) What was the companys NOPAT?

(c) What was the companys Free Cash Flows from Operations?

(d) What was the gross investment in property, plant and equipment during the year?

(e) What was the companys Free Cash Flow to the Firm for the year?

(f) What is the companys Free Cash Flow to Equity for the year?