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

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6. Net cash flow How much cash does the firm actually have? You are the CFO of ABC Corp, You sre looking to hire a financial analyst, and you've given an assignment to two short-listed candidates, You've give the following information to the job applicants: - The company reported net sales of $2,500 million. Assume that there were no noncash sales. - Operating costs (excluding depreciation and amortization) were 65% of the company's total revenues. - Depreciation and amortization charges were 546 of total sales. - Interest charges were 15% of earnings before interest and taxes (EBrT) with a tax rate of 40%4. You've asked the candidates to give you a number that best represents the cash flow situation of the company. Kurt submits a report stating that the firm has $508 milion in cash avalfable. Jake submits a report stating that the firm has $382.5 million in cash. Based on the information glven to them, which applicant has provided a better estimate of the company's current cash flows? Check all that apply. Kult Jake

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