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a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2019. b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019 c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019 d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c) Keith Corporation Balance Sheets December 31 Assets 2019 2018 Cash $1,450 $980 Marketable securities 1,850 1,200 Accounts receivable 2,040 1,760 Inventories 2.920 2,830 Total current assets $8,260 $6,770 Gross fixed assets $29,530 $28,120 Less. Accumulated depreciation 14.710 13,070 Net fixed assets $14,820 $15,050 Total assets $23.080 $21,820 Liabilities and Stockholders' Equity Accounts payable $1,550 $1,470 Notes payable 2,790 2,230 Accruals 150 340 Total current liabilities $4,490 $4,040 Long-term debt $5 220 $5,010 Total liabilities $9,710 $9,050 Common stock $10,010 $10,010 Retained earnings 3,360 2,760 Total stockholders' equity $13,370 $12,770 Total liabilities and stockholders' equity $23,080 $21,820 WETU E.TOUT oprer Net fixed assets $14,820 $15,050 Total assets $23,080 $21,820 Liabilities and Stockholders' Equity Accounts payable $1,550 $1,470 Notes payable 2,790 2,230 Accruals 150 340 Total current liabilities $4,490 $4,040 Long-term debt $5,220 $5,010 Total liabilities $9,710 $9,050 Common stock $10,010 $10,010 Retained earnings 3,360 2,760 Total stockholders' equity $13,370 $12.770 Total liabilities and stockholders' equity $23,080 $21,820 (Click on the icon here in order to copy the contents of the data table below into a spreadsheet) Income Statement Data (2019) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate $1,640 2,710 370 1,849 21% Print Done

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