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Please answer the following 4 questions based on the information given below. Last year Pearson Brothers had $ 1 0 million in operating income before
Please answer the following questions based on the information given below.
Last year Pearson Brothers had $ million in operating income before interest and tax EBIT Its depreciation expense was $ million; its interest expense was $ million; and its corporate tax rate was At yearend it had $ million in current assets Cash Inventory $ million in account payable, million in note payable, million in accruals, and $ million in net plant and equipment. There is no excess cash.
What was its net operating profit after taxes NOPAT
What was its net operating working capital NOWC
What was its total net operating capital TNOC
If total net operating capital at the end of the previous year was million, what was the company's free cash flow FCF for the year?
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