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6. Net cash flow How much cash does the firm actually fave? You are the CFO of ABC Corp. You are looking to hire a

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6. Net cash flow How much cash does the firm actually fave? You are the CFO of ABC Corp. You are looking to hire a financal analyst, and you've given an asugrment to two short listed candidates, You've oven the following information to the job applicants: - The company reported net sales of $6,250 million. Assume that there were no noncash sales. - Operating costs (exduding depreciation and amortization) were 65% of the cormpany's total revenues. - Depreciation and amortization charges were 5% of total salios. - Interest charges were 15% of earnings before interest and taxes (EBm) with a tax rate of 40%. Youve asked the candidates to grve you a number that best represents the cash flow situstion of the company. Kurt submits a report stating that the firm has $1,269 milion in cash avilable. Jake submits a report stating that the firm has $956.25 millon in cash. Based on the information given to them, which applicant has provided a better nstamake of the companys cairent canh flows? Check all that apply. Jake Kart

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