Assignments FIN 310 Spring 2020 Homework: Chapter 4 Score: 0.5 of 1 pt P4-6 (similar to) 3 of 9 (9 complete) Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2019 b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019 c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019 d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c) a. The net operating profit after taxes is (Round to the nearest dollar) Enter your answer in the answer box and then cho Check 3 HW Score: 93.14%, 8.38 of 9 Data Table Click on the icon located on the top-right corner of the data tables below in order to copy its ontents into a spreadsheet.) Keith Corporation Balance Sheets December 31 Assets 2019 2018 Cash $1,460 $1,000 Marketable securities 1.770 1200 Accounts receivable 2.020 1.760 Inventories 2.940 2.830 Total current assets $8,190 56.790 Gross fixed assets $29.550 $28.060 Less: Accumulated depreciation 14.750 13.120 Net fixed assets $14.800 $14.940 Total assets $22.990 $21,730 Liabilities and Stockholders' Equity Accounts payable $1,600 $1,540 Notes payable 2.850 2.250 Accruals 200 290 Total current liabilities S4 650 $4080 Long-term debt $5010 Total liabilities $9,660 Common stock $9.970 $9.970 Retained earnings 3,360 Total stockholders' equity $13.330 $12.800 Total liabilities and stockholders' equity $22.990 IS211730 $4,850 $8.930 2830 Print Done 8:08 PM 2/15/2020 2 TUTUS 2,8. 56,7 2,940 $8,190 $29,550 14.750 $14,800 $22,990 $28,06 13,12 $14.94 $21,731 Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $1,600 2,850 200 $4,650 $5,010 $9,660 $9.970 3,360 $13,330 $22.990 $1,540 2.250 290 $4.080 $4,850 $8.930 $9.970 2.830 $12.800 $21,730 Income Statement Data (2019) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate $1,630 2.700 368 1.842 21% Print Done Check Answer 8:08 PM AP1) 2/15/200