Back to Assignment Atiterets Do No Harm is 4. Prohlem 3.17 (lree Cash Hlow) Finandal intormation tor Powell Pantier Corperatien is shown belowt Powell Panther Corporation: Income statements for Vear tnilino December 31 (millions of dollars) Poweit panther cerporation: dlalance sheets as of December 31 (auditans af doilars) Ch 03-End-of-Chapter Problems: Financial Stntements, Cash Flow, and Taxes if ber thesil be indeated by a meus ilan. a. Bhat eas net werating working celtal fos 2020 ald 202 t? Assme the firm has no ecress cash. Tite cat yout anwots cotrpletely, fer example, 25 rillion should be entered as 25,000,000. Round your answers to the neares dollat, if necessary, Necutive values. any. should be indicated by a mnus sign. a. What was net operating working cacital for 2020 and 20217 Assume the firm has ne excess cash. 2020: b. Whot was the 2021 free cast flow? F. How wosla vou trolain the larpe Incrase in zo2t driderds? 1. Thin lave increase in net income from 2020 to 2021 explans the large increase in 2021 dividends. Ii. The large increase in Eatr frem 2020 to 2021 exila his the large increase is 2021 divlends. 1i. The laroe increase in free cash fow fram 2029 to 202t evilains the large inguase in 2021 dvidenas. Ty. The laroe inicisase in sales from 2020 to 2021 axplavin the larpe increaze in 2021 dvidendi. Withe laroe increbse in rotained camings frent 2020 to 2021 erplahs the laref increase in 2021 dividends