Business, 31.12.2019 02:31 TightKnowsDaWhey

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, 2015. b. calculate the firm's operating cash flow (ocf) for the year ended december 31, 2015. c. calculate the firm's free cash flow (fcf) for the year ended december 31, 2015. d. interpret, compare and contrast your cash flow estimate in parts (b) and (c).

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Answer from: Poohpooh8548

Complete Question:

December 31

Assets 2015 2014

Cash $ 1,500 $ 1,000

Marketable securities 1,800 1,200

Accounts receivable 2,000 1,800

Inventories 2,900 2,800

Total current assets $ 8,200 $ 6,800

Gross fixed assets $29,500 $28,100

Less: Accumulated depreciation 14,700 13,100

Net fixed assets $14,800 $15,000

Total assets $23,000 $21,800

Liabilities and stockholders’ equity

Accounts payable $ 1,600 $ 1,500

Notes payable 2,800 2,200

Accruals 200 300

Total current liabilities $ 4,600 $ 4,000

Long-term debt 5,000 5,000

Total liabilities $ 9,600 $ 9,000

Common stock $10,000 $10,000

Retained earnings 3,400 2,800

Total stockholders’ equity $13,400 $12,800

Total liabilities and stockholders’ equity $23,000 $21,800

Keith Corporation Balance Sheets

ISBN 1Depreciation expense $1,600

Earnings before interest and taxes (EBIT) 2,700

Interest expense 367

Net profits after taxes 1,400

Tax rate 40%

Answer and Explanation:

A. net operating profit after taxes = NOPAT = EBIT x (1-Tax) = $2,700 x (1-40%) = $1,620

B. operating cash flow = OCF = NOPAT + Depreciation = $1,620 + 1,600 = $3,220

C. free cash flow = FCF = OCF - Net fixed asset investment - Net current asset investment

FCF = $3,220 - (29,500 - 28,100) - (8,200 - 6,800) - ($1,600 + 200 - 1,500 - 300) = $420

Answer from: Quest

It’s option c for sure

Answer from: Quest

Via: "if you are found to be supplying or dealing drugs, the punishment is likely to be tough. supplying drugs doesn’t just apply to dealers. if police suspect that you intend to share drugs with your friends, this is still considered to be supplying.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

- up to life in prison or an unlimited fine (or both) for a class a drug- up to 14 years in prison or an unlimited fine (or both) for a class b or class c drug."sorry if this was a school question, you didnt supply options so i assumed it was a personal question, which if it is, reconsider selling or having possesion of any drugs at all. i wish you the best!

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