You are considering an investment in Fields and Struthers, Incorporated, and want to evaluate the firm's free cash flow. From the income statement, you see that Fields and Struthers earned an EBIT of $82 million, had a tax rate of 21 percent, and its depreciation expense was $9 million. Fields and Struthers's gross fixed assets increased by $48 million from last year to this year. The firm's current assets increased by $36 million and spontaneous current liabilities increased by $24 million. Calculate Fields and Struthers's NOPAT.

You are considering an investment in Fields and Struthers, incotporated, and want to evaluate the firn's free cash flow, From the income statement, you see that Fields and Struthers earned an EBIT of $82 milion, had a tax rate of 21 percent, and its depteciation expense was $9 million. Fields and Struthers's gross fixed assets increased by $48 million from last year to this yeat. The firm's current assets increased by $36 milion and spontaneous current liabilities increased by $24 million. Caiculate Fields and Struthers's NOPAT