Question: Below is the balance sheet for Blue Sky Blunders as of Dec. 31, 2021 and 2022. The company had an EBIT of $84,000 and depreciation
Below is the balance sheet for Blue Sky Blunders as of Dec. 31, 2021 and 2022. The company had an EBIT of $84,000 and depreciation of $12,000 in 2022, and a tax rate of 35%.
| Assets | 2021 | 2022 | Liabilities & Equity | 2021 | 2022 |
| Cash | 10,000 | 12,000 | Accounts payable | 22,000 | 24,200 |
| Market. securities | 2,000 | 2,200 | Notes payable | 6,000 | 6,000 |
| Accounts receivable | 5,000 | 4,500 | Current liabilities | 28,000 | 30,200 |
| Inventory | 36,000 | 28,800 | Long-term debt | 95,000 | 80,000 |
| Current assets | 53,000 | 47,500 | Total liabilities | 123,000 | 110,200 |
| Machines | 34,000 | 40,800 | Paid-in capital | 20,000 | 20,000 |
| Real estate | 80,000 | 80,000 | Retained earnings | 24,000 | 38,100 |
| Net fixed assets | 114,000 | 120,800 | Total equity | 44,000 | 58,100 |
| Total assets | 167,000 | 168,300 | Liab. & equity | 167,000 | 168,300 |
What was the net operating profit after taxes for 2022?
What was the company's net operating working capital (NOWC) at the end of 2021?
What was the company's total net operating capital at the end of 2021?
What was the company's net operating working capital (NOWC) at the end of 2022?
What was the company's total net operating capital at the end of 2022?
What was the net investment in operating capital in 2022?
What was the free cash flow (FCF) in 2022?
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