Write any formula you use, and explain how you arrive at the answer in your own words.

Write the name of any financial function you use, the inputs to it, and your input entries so I can understand how you got to your solution.

1- Giglio Inc. has the following information for the previous year: Net income = $400; Net operating profit after taxes (NOPAT) = $500; Total assets = $2,000; and Total operating capital = $1700. The information for the current year is: Net income = $800; Net operating profit after taxes (NOPAT) = $700; Total assets = $2,300; and Total operating capital = $2100. What is the free cash flow for the current year?