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1. With EBIT of $6800 and Taxes of $2200, calculate the firm's operating cash flow. AR 2011 2010 2011 2010 Liabilities & ASSETS Stockholder Equity

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1. With EBIT of $6800 and Taxes of $2200, calculate the firm's operating cash flow. AR 2011 2010 2011 2010 Liabilities & ASSETS Stockholder Equity Cash 3500 3000 Acct Payable 1600 1100 7800 7000 Notes Payable 4800 4200 Inventories 4900 4800 Accruels 1600 1400 Current 9600 9000 Assets Liabilities Gross Assets 15600 12500 Long-term debt 6000 6000 Less: Depreciation 14900 13300 Common Stock 11000 11000 Net Fixed 6400 5800 Assets Earnings Total Stockholder 17400 16800 Total Assets 33000 1800 Equity TOTAL L&SE 33000 31800 16500 15000 Total Current 16800 17000 Retained

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