1. Why is sustainability matters for financial success?

2. During the year 2018, the company generated a net income of $15 million. at the beginning of the year, the company bought an equipment which costs 15 million with a useful life of 10 years and estimated salvage value of 3 million. A patent was also registered on the same date with the Bureau of Patents of the Philippines Intellectual property office amounting to 5 million with 10 years patent life. accounts receivable on Jan 1, 2020 is 4 million and the ending balance is 5 million, while the inventory decreased by 1.5 million and trade payables increase by 0.5 million. It reported total assets and the total current liabilities of 120 million and 95 million respectively as on the balance sheet date.

a. How much is the change in working Capital?

b. Compute the CFROI

c. How much is the operating cash flow