Please answer A, B, and C please. Data Table contents into a spreadsheet.) Keith

Question

Please answer A, B, and C please.
Data Table contents into a spreadsheet.) Keith Corporation Balance Sheets December 31 19 Assets Cash Marketable securities Accounts receivable Inventories 2018 $1,000 1,200 1,800 1,800 2,000 2,900 $8,200 $29,500 14,700 $14,800 S23,000 2,800 $6,800 $28,100 13,100 S15,000 $21,800 Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Liabilities and Stockholders Equity Accounts payable Notes payable Accruals $1,600 2,800 200 $4,600 $1,500 2,200 300 $4,000 $5,000 $9,000 S10,000 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings 9.600 $10,000 3,400 $13,400 S23.000 2,800 $12,800 S21.800 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 $1,600 2,700 367 1,400 21% box Print Done

Explanation / Answer

Ans a ) NOPAT = EBIT * (1 - tax rate)

= 2700 * .79 = $2133

Ans b) operating cashflow = net income + depreciation + change in non cash net working capital

= $1400 + $1600 + (6700 - 5800 - 4600 + 4000)

=$3300

Ans c) Free cashflow = operating cashflow - capital expenditure

= $3300 - (29500 - 28100)

= $1900

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