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2. Given the financial data for Federer, Inc.: For the year ended December 31, 2018 2019 Depreciation $ 6,000 EBIT 30,000 Interest Expenses 3,000 Taxes
2. Given the financial data for Federer, Inc.: |
For the year ended December 31, | |
| 2018 2019 | |
Depreciation | $ 6,000 | |
EBIT | 30,000 | |
Interest Expenses | 3,000 | |
Taxes | 8,000 | |
Cash | $21,000 | 25,000 |
Accounts Receivable | 39,000 | 45,000 |
Inventory | 29,000 | 30,000 |
Net fixed assets | 23,000 | 26,000 |
Accounts payable | 25,000 | 30,000 |
Notes payable | 50,000 | 40,000 |
Accruals | 1,000 | 2,000 |
Calculate Operating Cash Flow (OCF) and Free Cash Flow (FCF) for the year of 2019. (5)
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