Calculate the firm's accounting cash flow from operations for the year ended December 31, 2009,

Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2009,

Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2009, using Equation 3.3.

Calculate the firm's free cash flow (FCF) for the year ended December 31, 2009, Interpret, compare, and contrast your cash flow estimates in parts a, c, and d.

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Keith Corporation Balance Sheet 2,008 Change Assets 2,009 Cash 1,500 1,000 500 Marketable Securities 1,800 1,200 600 Accounts Receivable 2,000 1,800 200 Inventories 2,900 8,200 29,500 2,800 100 Total Current Assets 6,800 1,400 Gross Fixed Assets 28,100 1,400 Less: Accumulated Depreciation 14,700 13,100 1,600 (200) 1,200 Net Fixed Assets 14,800 15,000 Total Assets 23,000 21,800 Liabilities and shareholders equity Accounts Payable Notes Payable 2,005 Change 2,006 1,600 1,500 100 2,800 2,200 600 Accruals 200 300 (100) 600 4,600 5,000 10,000 3,400 Total Current Liabilities 4,000 Long Term Debt 5,000 Common Stock 10,000 Retained Earnings Total Stockholders Equity Total Liabilities and Stockholders Equity 2,800 600 600 13,400 12,800 23,000 21,800 1,200 Income Statement Data 2009 Depreciation expense Earnings before Interest and Taxes Interest Expense 1,600 2,700 367 Net Profit After Taxes 1,400 Tax rate