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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
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 $ million, had a tax rate of percent, and its depreciation expense was $ million. Fields and Struthers's gross fixed assets increased by $ million from last year to this year. The firm's current assets increased by $ million and spontaneous current liabilities increased by $ million.
Calculate Fields and Struthers's NOPAT.
Note: Enter your answer in millions of dollars rounded to decimal places. ie Enter as
NOPAT
million
Calculate Fields and Struthers's operating cash flow.
Note: Enter your answer in millions of dollars rounded to decimal places. ie Enter as
Operating cash flow
million
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