Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Last year Frank's Furnaces had $5 million in operating income (EBIT). The company had a net depreciation expense of $1 million and interest expense of $1 million; its 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. The company estimated that is has an after-tax cost of capital of 10%. Assume Frank's only non-cash item was depreciation.

a) What was the company's net income for the year?

b) What was the company's net cash flow?

c) What was the company's net operating profit after tax (NOPAT)

d) find out net operating working capital and total net operating capital for the current year.

e) If total net operating capital in the previous year was $24 million, what was the company's free cash flow (FCF) for the year?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M946423

Have any Question? 


Related Questions in Basic Finance

Should a slip-critical joint be analyzed as a friction-type

Should a slip-critical joint be analyzed as a friction-type or bearing-type joint? Describe some of the applications in which slip-critical joints are mandated? What is the difference between a pretension and a slip-crit ...

Assessment task 1- referencing style apa with in text

Assessment Task 1: - Referencing style: APA with in text referencing - Answer each questions with references and (formulas if required) - showing the right formulae to be used, the steps shown in arriving at the answers, ...

1 why are psychologists sometimes interested in

1. Why are psychologists sometimes interested in epidemiology? 2. Why do researchers use probability rather than nonprobability samples when doing descriptive research?

Which financial variable must be multiplied by the net

Which financial variable must be multiplied by the net profit margin ratio in order to calculate the return on assets ratio? What is the numerical value of the debt ratio if the debt-to-equity ratio is equal to 4?

1 in what sense does an increase in accounts payable

1. In what sense does an increase in accounts payable represent a cash inflow? 2. List several ways to estimate a project's terminal value. 3. What are the tax consequences of selling an investment asset for more than it ...

Wat is the resilience of the bolts and joint this time

What is the resilience of the bolts and joint this time? What is the stiffness ratio of this eccentric joint? By how much does the tensile load of 7.40 kips increase the tension in the bolts and reduce the clamping force ...

1 what is the basic objective in a logistics design and

1. What is the basic objective in a logistics design and analysis study? Is it normally a one-time activity? 2. What is sensitivity analysis, and what is its role in systems design and analysis? 3. Why is it important to ...

1 how does the creation of a secondary market in mortgages

1. How does the creation of a secondary market in mortgages help to promote home ownership? Why might the federal government decide to intervene in the housing market to promote home ownership? 2. Go to the Web site of t ...

1 discuss the effects of risk and term of a bond on the

1. Discuss the effects of risk and term of a bond on the interest rate paid. 2. What are some of the constraints on the recovery and growth of the GSE and private mortgage-backed securities market? 3. How can pre-purchas ...

A human cannot hear sound at a frequency of 100 khz or

A human cannot hear sound at a frequency of 100 kHz or sound at 102 kHz. But if you walk into a room in which two sources are emitting sound waves, one at 100 kHz and the other at 102 kHz, you'll hear sound. Explain.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen