TSW Inc. had the following data for last year: Net income = $800; Net operating profit...

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?

Expert Solution

FREE CASH FLOW = NOPAT - INCREASE OPERATING CAPITAL

FREE CASH FLOW = 925 - (2500-2000) = 925 - 500 = 425

ANSWER : 425

jeff jeffy answered 2 years ago

Hartzell Inc. had the following data for 2017, in millions: Net income = $600; after-tax operating...

Hartzell Inc. had the following data for 2017, in millions: Net income = $600; after-tax operating income [EBIT (1-T)] = $700; and Total assets = $2,000. Information for 2018 is as follows: Net income = $825; after-tax operating income [EBIT (1-T)] = $825; and Total assets = $2,500. Assume the firm had no excess cash. How much free cash flow did the firm generate during 2018? a. $325 b. $367 c. $257 d. $286 e. $397

Last year, Ashley Inc. had a NOPAT of $700 and total net operating capital TNOC of...

Last year, Ashley Inc. had a NOPAT of $700 and total net operating capital TNOC of $1800. This year, Ashley's has a NOPAT $900 and total net operating capital TNOC of $2200. What is the free cash flow for this year? a) $300 b) $600 c) $400 d) $500 e) $700

Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its...

Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-assets ratio was 62.5%. Based on the DuPont equation, what was the ROE? 21.28% 15.40% 21.48% 20.87% 20.27%

Last year FBGS Inc. had sales of $325,000 and a net income of $19,000, and its...

Last year FBGS Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-capital ratio was 15.0%. The firm finances using only debt and common equity and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE?

Parks Inc. had the following data for the year ending 12/31/2x: Net income = $300; Net...

Parks Inc. had the following data for the year ending 12/31/2x: Net income = $300; Net operating profit after taxes (NOPAT) = $400; Total assets = $2,500; Short-term investments = $200; Shareholders’ equity = $1,800; NOWC = $1200; Operating long-term assets $1,100. What was its return on invested capital (ROIC)?

Tibbs Inc. had the following data for the year ending 12/31/18:Net income = $600; Net...

Tibbs Inc. had the following data for the year ending 12/31/18: Net income = $600; Net operating profit after taxes (NOPAT) = $610; Total assets = $2,500; Short-term investments = $200; Stockholders' equity = $1,800; Total debt = $700; and Total operating capital = $2,500. What was its return on invested capital (ROIC)? a. 20.95%b. 24.40%c. 30.09%d. 34.66%11. LeCompte Corp. has $330,900 of assets, and it uses only common equity capital (zero debt). Its sales for the last year were $610,000,...

Bellue Inc. manufactures a single product. Variable costing net operating income was $103,000 last year and...

Bellue Inc. manufactures a single product. Variable costing net operating income was $103,000 last year and its inventory decreased by 2,300 units. Fixed manufacturing overhead cost was $4 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year?

Hartzell Inc. had the following data for 2011, in millions: Net income=$600;after tax operating income [EBIT(1-t)]=&700;...

Hartzell Inc. had the following data for 2011, in millions: Net income=$600;after tax operating income [EBIT(1-t)]=&700; and total assets=$2,000. information for 2012 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 2012?

Carl's Automotive operating income for the year was $900,000. Their net profit margin was 2.25% and...

Carl's Automotive operating income for the year was $900,000. Their net profit margin was 2.25% and their operating profit margin was 4.25%. Their total taxes amount to 40%. Depreciation was 10% of net fixed assets which totaled $1,250,000. Create their Income statement. Be sure to include all items of an income statement (operating costs, DA, Int, Taxes, etc.).

1. Bellue Inc. manufactures a single product. Variable costing net operating income was $98,200 last year...

1. Bellue Inc. manufactures a single product. Variable costing net operating income was $98,200 last year and its inventory decreased by 2,100 units. Fixed manufacturing overhead cost was $1 per unit for both units in beginning and in ending inventory. What was the absorption costing net operating income last year? Multiple Choice $2,100 $96,100 $98,200 $100,300 2. Croft Corporation produces a single product. Last year, the company had a net operating income of $93,980 using absorption costing and $78,700 using...

Question