Question: Finding operating and free cash flows Consider the balance sheets and selected data from the income statement Keith Corporation that follow Data Table a. Calculate

Finding operating and free cash flows Consider the balance sheets and selected data from the income statement Keith Corporation that follow Data Table 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.) (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Keith Corporation Balance Sheets December 31 Assets 2019 2018 Cash $1,530 $1,050 Marketable securities 1,790 1,200 Accounts receivable 2,040 1,820 Inventories 2,940 2,820 Total current assets $8,300 $6,890 Gross fixed assets $29,550 $28,050 Less: Accumulated depreciation 14,710 13,150 Net fixed assets $14.840 $14,900 Total assets $23,140 $21,790 Liabilities and Stockholders' Equity Accounts payable $1,550 $1,460 Notes payable 2,760 2,240 Accruals 240 310 Total current liabilities $4,550 $4,010 Long-term debt $5,160 $5,000 Total liabilities $9,710 $9,010 Common stock $10,010 $10,010 Enter your answer in the answer box and then click Check Answer. 3 parts remaining Check Answer Finding operating and free cash flows Consider the balance sheets and selected data from the income statement Keith Corporation that follow Data Table 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.) (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Keith Corporation Balance Sheets December 31 Assets 2019 2018 Cash $1,530 $1,050 Marketable securities 1,790 1,200 Accounts receivable 2,040 1,820 Inventories 2,940 2,820 Total current assets $8,300 $6,890 Gross fixed assets $29,550 $28,050 Less: Accumulated depreciation 14,710 13,150 Net fixed assets $14.840 $14,900 Total assets $23,140 $21,790 Liabilities and Stockholders' Equity Accounts payable $1,550 $1,460 Notes payable 2,760 2,240 Accruals 240 310 Total current liabilities $4,550 $4,010 Long-term debt $5,160 $5,000 Total liabilities $9,710 $9,010 Common stock $10,010 $10,010 Enter your answer in the answer box and then click Check Answer. 3 parts remaining Check
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