last year J&H corp. reported a book value of $350 million in current assets, of which 35% is cash, 37% is short-term investments, and the rest is accounts receivable and inventory.

The company reported $297.5 million of current liablilities including accounts payable and accruals. Interestingly, the company had no notes payable claims last year. There were no changes in the accounts payable during the reporting period.

The company, however, invested heavily in plant and equimpment to support its operations. it reported a book value of %560 million in long term assets last year

Income statement in millions of dollars

	J&H corp	Industry avg.
netsales	1500	1875
operating costs, except depreciation and amortization	1200	1500
deprecriation and amoritization	60	75
total operating costs	1260	1575
operating income (orEBIT)	240	300
Less: interest	24	45
Earnings before taxes (EBT)	216	255

les taxes (40%)	86	102
net income	130	153

baased on the information given to Jeffrey, he submits a report on January 1 with some important calculations for management to use, both for analysis and to devise an action plan. which of the following statments in his report are true? select all that apply

1. J&H corp's NOPAT is 144 million which is lower than the industry avaerge of 180 million

2.. J&H copr has $-77 million of noninterest bearing current assets net of noninterest charging liabilities

3. Based on the information on industry averages, J&H corp would generate higher profits than the other players in the industry if all players were of a similare size and had no debt or held no financial ssets

4. The company has no notes payable reported in its balance sheet, so all its current liabilites are its operationg liabilities

5. The firm uses $483 million of total net operating capital to run the business