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b) A firm has gathered the following data for its year ended 2019 and 2020 operations. Based on the following information, please calculate the Operating

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b) A firm has gathered the following data for its year ended 2019 and 2020 operations. Based on the following information, please calculate the Operating cash flow (OCF) and Free cash flow (FCF) for the year ended 2020. 2019 2020 RM RM Depreciation 3,000 EBIT 30,000 Interest expenses 3,000 Taxes 8,000 Cash 21,000 24,000 Accounts receivable 39,000 45,000 Inventory 27,000 30,000 Net fixed assets 22,000 24,000 Accounts payable 25,000 30,000 Notes payable 50,000 40,000 Accruals 1,000 2,000 (6 marks)

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