J H Corp recently hired Jeffery His immediate mandate was to analyze the company He has to submit a report on the company's operational efficiency and estimate its potential investment in working capital He has the income statement from last year and the following information from the company's financial reports as well as some industry averages Last year, J H Corp reported a book value of $300,000 in current assets, of which 30 is cash, 32 is short term investments, and the rest is accounts receivable and inventory The company reported $255,000 of current liabilities including accounts payable and accruals Interestingly, the company had no notes payable outstanding, and there were no changes in the company's accounts payable during the year The company, however, invested heavily in plant and equipment to support its operations It reported a book value of $480,000 for its long term assets last year Income Statement For the Year Ended on December 31 Industry Average Net sales Operating costs, except depreciation and amortization Depreciation and amortization Total operating costs Operating income (or EBIT) Less Interest expense Earnings before taxes (EBT) Less Taxes (40 ) Net income J H Corp $21,000,000 16,800,000 840,000 17,640,000 $3,360,000 336,000 $3,024,000 1,209,600 $1,814,400 $26,250,000 21,000,000 1,050,000 22,050,000 $4,200,000 630,000 $3,570,000 1,428,000 $2,142,000 Based on the information given to him, Jeffery submits a report on January 1 with some important calculations for management to use, both for analysis and to devise an action plan Complete the following statements in his report $2,016,000 , which is lower than the industry average of Statement 1 J H Corp 's NOPAT is $2,520,000 $204,000 in operating assets and $255,000 in operating Statement 2 The company has liabilities Statement 3 J H Corp has in noncash charges, and a net cash flow of Statement 4 J H Corp 's total net operating capital , which consists of its net operating working capital and its total investment in long term assets, is equal to

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J H Corp  recently hired Jeffery  His immediate mandate was to analyze the company  He has to submit a report on the company's operational efficiency and estimate its potential investment in working capital  He has the income statement from last year and the following information from the company's financial reports as well as some industry averages  Last year, J H Corp  reported a book value of $300,000 in current assets, of which 30  is cash, 32  is short term investments, and the rest is accounts receivable and inventory  The company reported $255,000 of current liabilities including accounts payable and accruals  Interestingly, the company had no notes payable outstanding, and there were no changes in the company's accounts payable during the year  The company, however, invested heavily in plant and equipment to support its operations  It reported a book value of $480,000 for its long term assets last year  Income Statement For the Year Ended on December 31 Industry Average Net sales Operating costs, except depreciation and amortization Depreciation and amortization Total operating costs Operating income (or EBIT) Less  Interest expense Earnings before taxes (EBT) Less  Taxes (40 ) Net income J H Corp  $21,000,000 16,800,000 840,000 17,640,000 $3,360,000 336,000 $3,024,000 1,209,600 $1,814,400 $26,250,000 21,000,000 1,050,000 22,050,000 $4,200,000 630,000 $3,570,000 1,428,000 $2,142,000 Based on the information given to him, Jeffery submits a report on January 1 with some important calculations for management to use, both for analysis and to devise an action plan  Complete the following statements in his report  $2,016,000 , which is lower than the industry average of Statement  1  J H Corp 's NOPAT is $2,520,000 $204,000 in operating assets and $255,000 in operating Statement  2  The company has liabilities  Statement  3  J H Corp  has in noncash charges, and a net cash flow of Statement  4 J H Corp 's total net operating capital , which consists of its net operating working capital and its total investment in long term assets, is equal to

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J&H Corp. recently hired Jeffery. His immediate mandate was to analyze the company. He has to submit a report on the company's operational efficiency and

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