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1. In 2020, the company purchased $2,800 in new fixed assets. What is the cash flow from assets for the year? 2. During 2020, the

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1. In 2020, the company purchased $2,800 in new fixed assets. What is the cash flow from assets for the year?

2. During 2020, the company raised $1,380 in new long-term debt. What is the cash flow to creditors?

2019 2019 2020 Balance Sheet 2020 Current 350 liabilities 4,500 Long-term debt 250 Current assets Net fixed assets 300 2,500 300 1,100 2,215 2020 Income Statement Sales 8,743 Costs 4,630 Depreciation 574 Interest expense 250 Question: What is the operating cash flow (OCF) for 2020? Assume the tax rate is 35 percent

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