2 . Based on the financial information provided for Lothbrok Industries, calculate the company's total net operating capital for 2020. (3 Marks) Lothbrok Industries Ltd. Income Statement (Millions CDN). Revenue Cost Of Goods Sold Gross Profit Selling General & Admin Exp. Depreciation & Amortization. Operating Income Interest Expense Earnings Before Tax Income Tax Expense Net Income 2020 270 154 116 74 11 32 00000 ON Per Share Items EPS Common Shares Outstanding (millions) Dividends per Share Payout Ratio % $0.40 44.1 $0.15 36.9% 2019 2020 21 Lothbrok Industries Ltd. Balance Sheet, (millions CDN) ASSETS Cash And Equivalents Accounts Receivable Inventory Prepaid Exp Total Current Assets Gross Property, Plant & Equipment Accumulated Depreciation Net Property, Plant & Equipment Other Non-operating Assets Total Assets 115 3 140 230 (88.3) 142 50 332 21 120 4 145 244 (86) 158 52 355 26 LIABILITIES Accounts Payable Accrued Exp Short-term Borrowings Other Current Liabilities Total Current Liabilities Long-Term Debt Other Non-Current Liabilities Total Liabilities 25 8 27 10 71 37 14 76 70 29 176 76 18 165 Total Equity Total Liabilities And Equity 167 332 179 355