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12 Question 11 5 pts Innovative Designs recently reported $230,000 of...

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Question 11 5 pts Innovative Designs recently reported $230,000 of sales, $140,500 of operating costs other than depreciation, and $9,200 of depreciation. The company had $35,250 of outstanding bonds that carry a 6.75% interest rate, and its tax rate was 35%. In order to sustain its operations, the firm spent $15.250 on new fixed assets (capital expenditures) and invested an additional $6,500 in net operating working capital. What was the firm's free cash flow (FCF)? Your answer should be between 38000 and 42000, rounded to even dollars (although decimal places are okay), with no special characters. Question 12 5 pts Ocean Power Technologies has $300 million of common equity, with 12.2 million shares of common stock outstanding. If their Market Value Added (MVA) is $248 million, what is the company's stock price? Your answer should be between 27.52 and 50.98, rounded to 2 decimal places, with no special characters

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