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A company has the following data relating to its last 2 years of operations: Selected balance sheet data 2021 2020 Cash and cash equivalents 2300

A company has the following data relating to its last 2 years of operations:

Selected balance sheet data

2021

2020

Cash and cash equivalents

2300

2700

accounts receivable

7000

8500

inventory

13000

12100

prepaid expenses

500

700

accounts payable

5000

6000

accrued expenses

1100

900

deferred taxes

2100

1700

investments

2000

8000

PPE

16000

15000

Accumulated depreciation, PPE

11000

9000

intangible assets

5000

5700

Selected income statement data

Earnings before interest,taxes,depreciation and amortization(EBITDA)

17,700

Depreciation

2000

Amortization of intangibles

700

operating profit

15,000

Gain on sale of investments

5000

Interest expense

1200

income before taxes

18,800

Taxes

3700

Net income

15,100

Additional information:

Question:

If you are asked to prepare a financial cash flow statement:

what would be your operating cash flow (OCF)? Show calculations.

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