Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help A-D nd X Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation

please help A-D
image text in transcribed
image text in transcribed
image text in transcribed
nd X 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, 2015. b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2015 c. Calculate the firm's free cash flow (FCF) for the year olded December 31, 2015 d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c) a. The net operating profit after taxen is $(Round to the nearest dollar) to 04 Shi com PAT Sled w fil December 31 2015 2014 $1,470 $1,050 1,840 1,230 2,010 1.780 2,940 2,780 $8,260 $6,840 $29,530 $28,050 14,690 13,140 $14,840 $14,910 $23,100 $21,750 Assets Cash Marketable securities Accounts receivable Inventories Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $1,550 2,780 210 $4,540 $5,250 $9,790 $9,950 3,360 $13,310 $23,100 $1,540 2,220 270 $4,030 $4.920 $8,950 $9,950 2,850 $12.800 $21,750 he an $29,530 14,690 $14,840 $23,100 $28,050 13,140 $14,910 $21,750 Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $1,550 2,780 210 $4,540 $5,250 $9,790 $9,950 3,360 $13,310 $23,100 $1,540 2,220 270 $4,030 $4,920 $8,950 $9,950 2,850 $12,800 $1,750 Income Statement Data (2015) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate $1,550 2,660 369 1,375 40%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Islamic FinanceA Practical Perspective

Authors: Nafis Alam, Lokesh Gupta, Bala Shanmugam

1st Edition

3319665588, 9783319665580

More Books

Students also viewed these Finance questions

Question

=+a. Does it flow? (Can anyone read it out loud without stumbling?)

Answered: 1 week ago

Question

=+e. Does it use simple language, not technical jargon?

Answered: 1 week ago