Miss Natalia

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About Miss Natalia

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Education

  • Doctor of Education in Educational Leadership with a Specialization in Educational Technology
    Phoniex University
    Oct-1999 - Nov-2005

Experience

  • HR Executive
    a21, Inc.
    Nov-1998 - Dec-2005

Category > Business & Finance Posted 16 Jun 2017 My Price 10.00

Calculate the firm’s operating cash flow (OCF) for the year ended December 31, 2015, using Equation 4.3.

Finding operating and free cash flows Consider the following balance sheets and selected data from the income statement of Keith Corporation.

Keith Corporation Balance Sheets

 

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 Income Statement Data (2015)

Depreciation expense

$1,600

Earnings before interest and taxes (EBIT)

2,700

Interest expense

367

Net profits after taxes

1,400

Tax rate

40%

 

  • a.Calculate the firm’s net operating profit after taxes (NOPAT) for the year ended December 31, 2015, using Equation 4.1.
  • b.Calculate the firm’s operating cash flow (OCF) for the year ended December 31, 2015, using Equation 4.3.
  • c.Calculate the firm’s free cash flow (FCF) for the year ended December 31, 2015, using Equation 4.4.
  • d.Interpret, compare, and contrast your cash flow estimates in parts b and c.

 

 

hey doc this is a team assignment and I only have to cover bullet C. im going to attach the instructions again on aword doc. not sure how well this is going to show on this website.

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Miss Natalia
(14)
Status NEW Posted 16 Jun 2017 02:06 AM My Price 10.00

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