Redwood Corp. has the following balance sheet at end of 2019: Cash Short term investments Accounts receivable Inventory Current Assets $150 Accounts payable $200 50 Accruals 150 500 Notes Payable 350 800 Current Liabilities $700 $1,500 Long term debt 600 Common Stock 400 900 Retained Earnings 700 $2,400 Total Liabilities & Equity $2,400 Net Fixed Assets Total Assets 2019 Sales: $4,000; EBIT = $1,000; Net Income = $300; For 2018 Total Net Operating Capital was $1,800 Firm's tax rate is 40% and Weighted average cost of capital (WACC) is 10% 100 common shares are issued and market price of each share is $20 a. What is the NOPAT for 20197 (Enter only numbers and decimals, do not use a comma) $ at of 6 D. How much Free Cash Flow did Redwood generate for 2019: $ ut of 7 c: How much value did Redwood management generate for the shareholders in 2019: S 8 Which of the following statements is CORRECT? Select one a. The higher the debt ratio, the less risky the firm