Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow 1. 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 anded 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 nuk operating profit afer taxes is 5 (Round to the nearest dollar) b. The operating cash flow (OCF) 18 5 (Round to the nearest dollar) c. The firm's tree cash flow (FCF) is 5 Round to the nearest dollar) d. Interpret. compare and contrast your cash flow estimate in parts (b) and (c)(Select all that apply) The OCF value is very meaningful because it shows that the cash flows from operations are adequate to cover both operatin fixed and current assets 08. The FCF value is very meaningful because it shows that the cash flows from operations are adequate to cover both operating expense plus investment in Bad OC. Depreciation is approximately the same stress net operating profeutar tax to the operating cash flow is about twice the NOPAT 0 Kain Corporation has negative cash flow from operating activities L. Kam Corporation has por cash lows from operating activities ense plus investment and current Ek on the icon here in order to copy the contents of the udla table below ihlo d eadsheet Keith Corporation Balance Sheets December 31 Assets 2019 2018 Cash $1,530 $1 010 Marketable securities 1.780 1,200 Accounts receivable 2,050 1,800 Inventories 2.920 2.760 Total current assets 58.280 56.770 Gross fixed assets $29.490 $28.120 Less: Accumulated depreciation 14.720 13.080 Net fixed assets $14.770 $15.040 Total assets $23.050 $21.810 Liabilities and Stockholders' Equity Accounts payable $1.560 $1,460 Notes payable 2,820 2.210 Accruals 230 290 Total current liabilities $4.610 53.960 Long-term debt $5.010 $5.000 Total liabilities $9.620 $8.960 18 ha 36.9bu w ense plus investment in Total liabilities 39,620 Common stock $10,000 $10.000 nd cd Retained earnings 3,430 2.850 Total stockholders' equity $13.430 $12,850 is ve Total liabilities and stockholders' equity $23.050 $21,810 ent as we is ve (Click on the icon here in order to copy the contents of the data table below into a assets spreadsheet.) On is app Income Statement Data (2019) Depreciation expense 51.640 poration ha Earnings before interest and taxes (EBIT) orporation ha Interest expense 372 Net profits after taxes 1871 Tax rate 21% Inse plus investment in foxe 2,740 Print Done ect your
