Please answer all!

1. For the most recent fiscal year Smuckers had $80 in operating cash flow, a decrease of $4 in net working capital, and capital expenditures of $10. What is Smucker's Free Cash Flow for the most recent fiscal year?

A. Between $30 and $40

B. Between $40 and $50

C. Between $60 and $70

D. Between $70 and $80

E. Between $80 and $90

2. Is the following statement true or false:

If a company pays a dividend of $2 per share and an investor owns 27 shares then this investor will receive exactly $44 in dividends.

A. True

B. False

3. A company reported the following information for the 2019 fiscal year:

	Year
	2019
Revenues	50
Costs	8
Depreciation Expense	2
Interest Expense	10
Tax Rate	20%

Based on this information, what was this companys operating cash flow in 2019?

A. Between 10 and 20

B. Between 20 and 30

C. Between 30 and 40

D. Between 50 and 100

4. A company reported the following balance sheet information:

	Year
	2018	2019
Current assets	$10	$40
Fixed assets	$40	$50
Current liabilities	$15	$20
Long term liabilities	$10	$65

Based on this information, what was this companys book value of equity in 2018?

A. Between $0 and $10

B. Between $10 and $20

C. Between $20 and $30

D. Between $30 and $40

5. Is the following statement true or false:

When calculating free cash flow, taxes should be calculated based on earnings before taxes.

A. True

B. False

6. Is the following statement true or false:

Net operating profit after taxes can be calculated using

NOPAT = (Revenues - Costs - Depreciation) *(1-Tax rate)

A. True

B. False

7. A company has earnings before interest and taxes of $10, a tax rate of 21%, and depreciation expense of $1.9. What is this companys operating cash flow?

A. Between $0 and $5

B. Between $5 and $10

C. Between $15 and $20

D. Between $20 and $40

E. More than $40

8. A company reported the following balance sheet information:

	Year
	2018	2019
Current assets	$10	$40
Fixed assets	$40	$50
Current liabilities	$15	$20
Long term liabilities	$10	$65

Based on this information, what was this companys change in net working capital in 2019?

A. Less than $0

B. Between $0 and $10

C. Between $10 and $20

D. Between $20 and $30

E. More than $30

9. A company reported the following information:

Beginning net fixed assets is $500.

Depreciation during the year is $100

Ending net fixed assets is $400

Based on this information, what was this companys capital expenditures during the year?

A. Less than $25

B. Between $25 and $75

C. Between $75 and $150

D. Between $150 and $250

E. More than $250

10. The amount of cash produced or consumed during a period as a result of a companys business activities is known as:

A. Capital Expenditures

B. Change in net working capital

C. Operating cash flow