Question: Below is the balance sheet for Blue Sky Blunders as of Dec. 31, 2018 and 2019. The company had an EBIT of $83,000 and depreciation

Below is the balance sheet for Blue Sky Blunders as of Dec. 31, 2018 and 2019. The company had an EBIT of $83,000 and depreciation of $12,000 in 2019, and a tax rate of 35%.

Assets 2018 2019 Liabilities & Equity 2018 2019
Cash 13,000 15,600 Accounts payable 22,000 24,200
Market. securities 2,000 2,200 Notes payable 6,000 6,000
Accounts receivable 4,000 3,600 Current liabilities 28,000 30,200
Inventory 29,000 23,200 Long-term debt 95,000 80,000
Current assets 48,000 44,600 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 19,000 35,200
Net fixed assets 114,000 120,800 Total equity 39,000 55,200
Total assets 162,000 165,400 Liab. & equity 162,000 165,400

What was the net operating profit after taxes for 2019?

What was the company's net operating working capital (NOWC) at the end of 2018?

What was the company's total net operating capital at the end of 2018?

What was the company's net operating working capital (NOWC) at the end of 2019?

What was the company's total net operating capital at the end of 2019?

What was the net investment in operating capital in 2019?

What was the free cash flow (FCF) in 2019?

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