Lat year Singer Ltd reported the following information:

EBIT- $4,000,000

Net Depreciation expense- $1,000,000

Interest Expense- $1,000,000

Corporate tax rate- 30%

Non interest earning current assets- $14,000,000

Non interest bearing current liabilities- $4,000,000

Net Plant and eqipment - $15,000,000

Assume that Singer only noncash item was depreciation

a) What was the company's net income for the year?

b) What was the company's net cash flow?

c) What was the company's net operating profit after taxes (NOPAT)

d) What was the company's operating cash?

e) If the operating capital in the previous year was $24,000,000, what was the company's free cash flow (FCF) for the year?

f) Suppose you are a potential investor in Singer explain why you would be interested in free cash flow more than net income