In 2020, Cane Manufacturing has CAPX of $140,000, Depreciation of $55,000, and EBIT of $480,000. The...

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In 2020, Cane Manufacturing has CAPX of $140,000, Depreciation of $55,000, and EBIT of $480,000. The tax rate is 30%. The following 2019 and 2020 accounts are: Item Required cash Accounts receivable Inventories Accounts payable Accrued liabilities 2019 2020 50,000 60,000 200,000 215,000 300,000 335,000 100,000 120,000 40,000 50,000 Each part below is worth 5 marks. Answer the following: a) What is the change in Net Operating Working Capital in 2020? b) What is the Enterprise Value Cash Flow in 2020? In 2020, Cane Manufacturing has CAPX of $140,000, Depreciation of $55,000, and EBIT of $480,000. The tax rate is 30%. The following 2019 and 2020 accounts are: Item Required cash Accounts receivable Inventories Accounts payable Accrued liabilities 2019 2020 50,000 60,000 200,000 215,000 300,000 335,000 100,000 120,000 40,000 50,000 Each part below is worth 5 marks. Answer the following: a) What is the change in Net Operating Working Capital in 2020? b) What is the Enterprise Value Cash Flow in 2020?