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Below is the balance sheet for Northern Comfort Company for December 31 of 2019 and...

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Finance

Below is the balance sheet for Northern Comfort Company for December 31 of 2019 and 2020.

2019 2020 2019 2020
Cash 850 1,000 Accounts payable 2,550 3,000
Accounts receivable 2,550 3,000 Current liabilities 2,550 3,000
Inventory 2,550 3,000 Long-term debt 5,100 6,000
Current assets 5,950 7,000 Total liabilities 7,650 9,000
Net fixed assets 11,050 13,000 Equity 9,350 11,000
Total assets

17,000

 20,000 Total liab. & equity 17,000 20,000

The income statement for 2020 is also given:

Amount
Sales 48,000
Operating costs except dep. 26,400
Depreciation 7,200
EBIT 14,400
Interest 4,800
EBT 9,600
Taxes (21%) 2,016
Net income 7,584

1. What was NOPAT for 2020?

2. What was the change in net operating working capital during 2020? (Assuming no excess cash)

3. What was capital expenditure in 2020? 4. What was the free cash flow for 2020?

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