Question: Please answer all questions Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that

 Please answer all questions Finding operating and free cash flows Considerthe balance sheets and selected data from the income statement of Keith

Please answer all questions

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 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.) 2019 $1,520 1,780 2,030 2,900 $8,230 $29,480 14,700 $14,780 $23,010 2018 $1,040 1,170 1,830 2,790 $6,830 $28,120 13,080 $15,040 $21,870 Assets Cash Marketable securities Accounts receivable Inventories Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Income Statement Data (2019) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate $1,590 2,780 180 $4,550 $5,070 $9,620 $10,030 3,360 $13,390 $23,010 $1,500 2,240 260 $4,000 $5,070 $9,070 $10,030 2,770 $12,800 $21,870 $1,620 2,750 365 1,884 21%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!