120 13. A company had an operating cash flow (OCF) this year of $12.1 million. It invested $5.4 million in acquiring new long-term tangible assets (i.e., a capital expenditure). It also increased its current ratio from 1.7 to 1.9, while leaving the value of its current liabilities unchanged from last year, at a value of $8 million. What was the company's cash flow from assets (CFFA) this year? -$8,500,000 A. B. -$3,100,000 C. $2,300,000 D. $5,100,000 E. $8,300,000 12.1 =

13. A company had an operating cash flow (OCF) this year of $12.1 million. It invested $5.4 million in acquiring new long-term tangible assets (i.e., a capital expenditure). It also increased its current ratio from 1.7 to 1.9 , while leaving the value of its current liabilities unchanged from last year, at a value of $8 million. What was the company's cash flow from assets (CFFA) this year