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QUESTION

Answer each question succinctly yet completely. Be mindful of the multiple parts to each question. Link the definitions of NOPAT and FCF.

Answer each question succinctly yet completely. Be mindful of the multiple parts to each question.

5. Link the definitions of NOPAT and FCF. Invoking extreme simplicity, how would you describe NOPAT to a colleague? How would you map FCF with respect to NOPAT, net fixed asset investment, and net working capital?

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