TSW Inc. had the following data for last year: Net income = $800; Net operating profit after taxes (NOPAT) = $700; Total assets = $3,000; and Total operating capital = $2,000. Information for the just-completed year is as follows: Net income = $1,000; Net operating profit after taxes (NOPAT) = $925; Total assets = $2,600; and Total operating capital = $2,500. How much free cash flow did the firm generate during the just-completed year?
FCF = NOPAT - NET INVESTMENT IN OPERATING CAPITAL
FCF = 925 -(2500-2000) = 425
ANSWER : $425 (THUMBS UP PLEASE)
TSW Inc. had the following data for last year: Net income = $800; Net operating profit...
FAMA Inc. had the following data for last year and current year: Prior Year Current Year NOPAT = EBIT(1 - T) $700 $925 Total operating capital $2,000 $2,500 How much free cash flow did the firm generate during the just-completed year?
Hartzell Inc. had the following data for 2013, in millions: Net income = $600; after-tax operating income [EBIT(1 ? T)] = $700; and Total assets = $2,000. Information for 2014 is as follows: Net income = $825; after-tax operating income [EBIT(1 ? T)] = $925; and Total assets = $2,500. How much free cash flow did the firm generate during 2014?
Tibbs Inc. had the following data for the most recent year: Net income = $300; Net operating profit after taxes (NOPAT) = $120; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,300. What was its return on invested capital (ROIC)? Select the correct answer.
3. Bates Motors has the following information for the previous year: Net income - $200; Net operating profit after taxes (NOPAT) - $300; Total assets - $1,000; and Total net operating capital = $800. The information for the current year is: Net income - $500; Net operating profit after taxes (NOPAT) - $400; Total assets - $1,300; and Total net operating capital - $900. What is the free cash flow for the current year?
Hartzell Inc. had the following data for 2014, in millions: Net income = $600; after-tax operating income [EBIT (1-T)] = $700; and Total assets = $2,000. Information for 2015 is as follows: Net income = $825; after-tax operating income [EBIT (1-T)] = $1,475; and Total assets = $2,500. How much free cash flow did the firm generate during 2015?
Tibbs Inc. had the following data for the year ending 12/31/2015: Net income = $300; Net operating profit after taxes (NOPAT) = $320; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,300. What was its return on invested capital (ROIC)? Select the correct answer. a. 13.91% b. 13.61% c. 13.31% d. 14.21% e. 14.51%
. Baglioni Company. had the following data for 2018, in millions: Net income = $600; after-tax operating income [EBIT(1 − T)] = $700; and Total assets = $2,000. Information for 2019 is as follows: Net income = $825; after-tax operating income [EBIT(1 − T)] = $910; total capital expenditure plus change in net operating working capital = $500; and depreciation and amortization of $15 . How much free cash flow did the firm generate during 2019?
Last year Cole Furnaces had $4 million in operating income (EBIT). The company had a net depreciation expense of $1 million and an interest expense of $1 million; its com-bined federal and state corporate tax rate is 25%. The company has $14 million in operat-ing current assets and $4 million in operating current liabilities; it has $15 million in net plant and equipment. It estimates that it has an after-tax cost of capital of 10%. Assume that Cole’s only noncash...
Last year Cole Furnaces had $5 million in operating income (EBIT). The company had a net depreciation expense of $1 million and an interest expense of $1 million; its corporate tax rate was 40%. The company has $14 million in operating current assets and $4 million in operating current liabilities; it has $15 million in net plant and equipment.. Assume that Cole’s only noncash item was depreciation. a. What was the company’s net income for the year? b. What was...
. Net operating profit after taxes (NOPAT) is defined as which of the following? A. Net profit a firm earns before taxes, but after any financing costs B. Net profit a firm earns after taxes, and after any financing cots C. Net profit a firm earns after taxes, but before any financing costs D. Net profit a firm earns before taxes, and before any financing cost __________________ is defined as after-tax operating profit minus the amount of new investment in...