TSW IncHad the Following Data for Last Year: Net Income =

question 12

Multiple Choice

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?

• A) $383
• B) $425
• C) $468
• D) $514
• E) $566