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6. Refer to the Income Statement below. What is the operating cash flow for 2016? ABC Corporation 2016 Income Statement ($ in millions) Net Sales

6. Refer to the Income Statement below. What is the operating cash flow for 2016?

ABC Corporation

2016 Income Statement

($ in millions)

Net Sales

Cost of Goods Sold

Depreciation

Earnings before interest and taxes Interest paid

Taxable income

Less Taxes

Net income

25,070 17,241 1,877 5,952 1,654 4,298 1,504 2,794

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