Last year, J&H Corp. reported a book value of $700,000 in current assets, of which 25% is cash, 27% is short-term investments, and the rest is accounts receivable and inventory .The company reported $595,000 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 $1,120,000 for its long-term assets last year Income Statement For the Year Ended on December 31 Industry Average J&H Corp. Net sales $45,000,000 $56,250,000 45,000,000 2,250,000 47,250,000 $9,000,000 1,350,000 $7,650,000 3,060,000 $4,590,000 36,000,000 1,800,000 37,800,000 $7,200,000 720,000 $6,480,000 2,592,000 $3,888,000 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 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. Statement # 1: J&H Corp.'s NOPAT is which is than the industry average of $5,400,000. Statement #2: The company is using Statement #3: J&H Corp. is generating in net operating working capital (NOWC) in net cash flow from its operations and an accounting profit of Statement #4: The firm uses of total net operating capital to run the business. This value is computed as the of J&H Corp.'s net operating working capital and its Last year, J&H Corp. reported a book value of $700,000 in current assets, of which 25% is cash, 27% is short-term investments, and the rest is accounts receivable and inventory .The company reported $595,000 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 $1,120,000 for its long-term assets last year Income Statement For the Year Ended on December 31 Industry Average J&H Corp. Net sales $45,000,000 $56,250,000 45,000,000 2,250,000 47,250,000 $9,000,000 1,350,000 $7,650,000 3,060,000 $4,590,000 36,000,000 1,800,000 37,800,000 $7,200,000 720,000 $6,480,000 2,592,000 $3,888,000 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 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. Statement # 1: J&H Corp.'s NOPAT is which is than the industry average of $5,400,000. Statement #2: The company is using Statement #3: J&H Corp. is generating in net operating working capital (NOWC) in net cash flow from its operations and an accounting profit of Statement #4: The firm uses of total net operating capital to run the business. This value is computed as the of J&H Corp.'s net operating working capital and its