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Would you please help me with all parts of the question. Thank you!! Finding operating and free cash flows Consider the balance sheets and selected
Would you please help me with all parts of the question. Thank you!!
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 filow (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.) (Click on the icon located on the top-right corner of the data tables below in order to copy its contents into a spreadsheet.) Keith Corporation Balance Sheets December 31 Assets Cash Marketable securities Accounts receivable Inventories 2019 2018 $1,490 1,760 2,040 2,900 $8,190 $29,500 14,750 $14,750 $22,940 $1,020 1,200 1,760 2,780 $6,760 $28,100 13,130 $14,970 $21,730 Total current assets ross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals $1,560 2,840 160 $4,560 $4,930 $9,490 $10,040 3,410 $13,450 $22,940 $1,490 2,250 300 $4,040 $4,860 $8,900 $10,040 2,790 $12,830 $21,730 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Income Statement Data (2019) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate $1,620 2,680 370 1,825 21%Step by Step Solution
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