Question: PART D PLEASE - Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)


PART D PLEASE
- Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) This year Last year Keith Corporation Balance Sheets December 31 Assets Cash $1,530 Marketable securities 1,840 Accounts receivable 1,950 Inventories 2,900 Total current assets $8,220 Gross fixed assets $29,480 Less: Accumulated depreciation 14,650 Net fixed assets $14,830 Total assets $23,050 Liabilities and Stockholders' Equity Accounts payable $1,640 Notes payable 2,780 Accruals 160 Total current liabilities $4,580 Long-term debt $4,980 Total liabilities $9,560 Common stock $10,040 Retained earnings 3,450 Total stockholders' equity $13,490 Total liabilities and stockholders' equity $23,050 $1,040 1,150 1,770 2,850 $6,810 $28,100 13,130 $14,970 $21,780 $1,530 2,230 300 $4,060 $4,830 $8,890 $10,040 2,850 $12,890 $21,780 (Click on the icon here e in order to copy the contents of the data table below into a spreadsheet.) Income Statement Data (This year) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate $1,520 2,700 372 1,839 21% Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow : a. Calculate the firm's net operating profit after taxes (NOPAT) for this year. b. Calculate the firm's operating cash flow (OCF) for the year. c. Calculate the firm's free cash flow (FCF) for the year. d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c). a. The net operating profit after taxes is $ 2133. (Round to the nearest dollar.) b. The operating cash flow (OCF) is $ 3653 . (Round to the nearest dollar.) c. The firm's free cash flow (FCF) is $ 833. (Round to the nearest dollar.) d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c). (Select all that apply.) A. Depreciation is approximately the same size as net operating profit after tax, so the operating cash flow is about twice the NOPAT. B. The FCF value is very meaningful because it shows that the cash flows from operations are adequate to cover both operating expense plus investment in fixed and current assets. C. The OCF value is very meaningful because it shows that the cash flows from operations are adequate to cover both operating expense plus investment in fixed and current assets. D. Keith Corporation has negative cash flows from operating activities. E. Keith Corporation has positive cash flows from operating activities
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