Use the information to answer the following questions.

XXX, Inc.

Balance Sheet

	2018	2017		2018	2017
Cash	200	450	Accounts Payable	600	700
Accounts Receivable	2500	3600	Accruals Notes Payable	500 900	1200 1000
Inventory	2000	3200	Total CL	2000	2900
Total CA	4700	7250	Long Term Debt	2000	3970
Gross Fixed Assets	5500	7200	Common Stock	3000	3100
Less Acc. Depreciation	1200	1000	Retained Earnings	2000	3480
Net Fixed Assets	4300	6200	Total Equities	5000	6580
Total Assets	9000	13450	Total Liab. & O.E.	9000	13450

XXX, Inc.

Income Statement

	2018
EBITDA	4300
Depreciation	200
EBIT	4100
Interest Expense	1300
EBT	2800
Taxes	1120
Net Income	1680
Dividend Paid	3160

What is the 2018 Net Operating Profit After Taxes (NOPAT)?

Group of answer choices

2460

1680

3100

1860

2800

Continued from previous question. What is the 2018 Net Operating Working Capital? What is the 2017 NOWC?

Group of answer choices

2700; 4350

1200; 2350

700; 1150

4200; 6660

3600; 5350

Continued from previous question. What is the 2018 Free Cash Flow?

Group of answer choices

+6010

-5610

+1990

-1990

+6110

Continued from previous question. Assume the after-tax cost of capital is 10%. What is the 2018 EVA?

Group of answer choices

+1760

+1680

- 725

-1325

+1670