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Sorry forgot to add tables, Hopefully this is more clear. Having trouble with this, Its a practice question. Depreciation expense $1,600 Earnings before interest and
Sorry forgot to add tables, Hopefully this is more clear. Having trouble with this, Its a practice question.Depreciation expense $1,600 Earnings before interest and taxes (EBIT) 2700 Interest expense 367 Net profits after taxes 1400 Tax rate 21%
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.) 1 Assets 2019 2018 $1,500 $1,000 1800 1200 2000 1800 2900 2800 $8,200 $6,800 $29,500 $28,100 14700 13100 $14,800 $15,000 $23,000 $21,800 2 Cash 3 Marketable securities 4 Accounts receivable 5 Inventories 6 Total current assets 7 Gross fixed assets 8 Less: Accumulated depreciation 9 Net fixed assets 10 Total assets 11 Liabilities and Stockholders' Equity 12 Accounts payable 13 Notes payable 14 Accruals 15 Total current liabilities 16 Long-term debt 17 Common stock 18 Retained earnings 19 Total stockholders' equity 20 Total liabilities and stockholders' equity 21 $1,600 $1,500 2800 2200 200 300 $4,600 $4,000 $5,000 $5,000 $10,000 $10,000 3400 2800 $13,400 $12,800 $23,000 $21,800Step by Step Solution
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