Question: Please show me how to solve the second image in excel. the first picture shows the answer to the same kind of problem. Kay Inc.

Please show me how to solve the second image in excel. the first picture shows the answer to the same kind of problem.

Please show me how to solve the second image in excel. the

first picture shows the answer to the same kind of problem. Kay

Kay Inc. had revenues of $15 million, cash operating expenses of $8 million, and depreciation and amortization of $3.1 million during 2021 . The firm purchased $700,000 of equipment during the year while increasing its inventory by $500,000. The marginal tax rate for the firm is 0.25 percent. What is the firm's cash flow from operations for 2021? (Show TWO decimal places.) EBIT=Revenues-Expenses-Depreciation\&Amoritzation Operating Cash Flow (OCF)= EBIT * (1- tax rate) + Depreciation\&Amoritzation Free Cash Flow (FCF) = OCF - Captial Expenditure - Change in Net Working Capital 6.03 Kay Inc. had revenues of $14 million, cash operating expenses of $10 million, and depreciation and amortization of $2.9 million during 2021. The firm purchased $700,000 of equipment during the year while increasing its inventory by $500,000. The marginal tax rate for the firm is 0.25 percent. What is the firm's cash flow from operations for 2021? (Show TWO decimal places.) EBIT=Revenues-Expenses-Depreciation\&Amoritzation Operating Cash Flow (OCF)= EBIT * (1- tax rate) + Depreciation\&Amoritzation Free Cash Flow (FCF) = OCF - Captial Expenditure - Change in Net Working Capital

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