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ork P4-6 (similar to) Question t/Test Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith
ork P4-6 (similar to) Question t/Test Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow : a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2019 b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019 c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019. d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c). a. The net operating profit after taxes is $ (Round to the nearest dollar) Enter your answer in the answer box and then click Check Answer 3 parts remaining Clear All CO) - X Data Table und free s net op 's opera 's free ca re and co (Click on the icon located on the top-right corner of the data tables below in order to copy its contents into a spreadsheet.) ng profit af 2019 Keith Corporation Balance Sheets December 31 Assets 2018 Cash $1,460 $1,040 Marketable securities 1,750 1,200 Accounts receivable 2,040 1,840 Inventories 2,910 2,840 Total current assets $8.160 $6.920 Gross fixed assets $29,480 $28.080 Less: Accumulated depreciation 14.660 13.150 Net fixed assets $14,820 $14.930 Total assets $22.980 $21,850 Liabilities and Stockholders' Equity Accounts payable $1.620 $1.550 Notes payable 2.790 2.210 Accruals 220 280 answer in the all Print Done ing DX DIE insen nathxi.com/ Stu homewor Kid 843086&question 11720020 Du Table (Click on the icon located on the top-right comer of the data abies below In order to copy its contents into a spreadsheet.) Kalth Corporation Balance Sheets December 31 Ae 2010 2012 Cash $1.480 $1,040 Marketable securities 1,750 1200 Accounts receivable 2,040 1.840 Inventories 2,910 2.840 Total current assets $8,160 $6.920 Gross fixed assets $29.480 $28.0BO Less: Accumulated depreciation 14,880 13.150 Net foxed assets $14,820 $14.930 Total assets $22.980 $21,850 Wabilities and Stockholders' Equity Accounts payable $1,620 $1.550 Notes payable 2,790 2.210 Accruals 220 280 Total current liabilities $4.630 $4,040 Long-term debt $4.960 $5,020 Total liabilities $9,590 $9.060 Common stock $9.980 $9.980 Retained earnings 3.410 2.810 Tolal stockholders equity 313 390 $12.790 Total liabilities and stockholders' equily $22 980 $21 850 Income Statement Data (2019) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Nel profits after taxes Tax rate $1.510 22670 374 1814 2146
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