QUESTION 10 Is it possible for a firm to have positive net come and yet to have cash flow problems No this is impossible since net income increases the firm's cash Yes, this can occur when a firm is growing very rapid Yes, this is possible if the form window-dressed its financial statements No, this is impossible since net income and cash rely correlated QUESTION 11 Net operating profit after taxes (NOPAT) is defined as which of the following net profit a firm earns before taxes, but after any financing costs net profita firm carns after taxes, and after any financing cost net profita firm earns after taxes, but before any financing costs net profita firm earns before taves, and before any financing cost QUESTION 12 Nickolas's Nut Farms, Inc. has net cash flows from operating activities for the last year of 525 million. The income statement shows that net income is Son and depron pense on. During the year, the chance in inventory on the balance sheet was a decrease of 4 million change in accrued wates and taxes was a decrease of $1 million and change in spate was decrease of the best of the year the balance of accounts receivable was $5 million. What was the end of year balance for accounts receivable O $2 milion 53 million 57 million $9 millon