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During the year, Xero, Inc experienced an increase in net fixed assets of 5304,000 and had depreciation of $20,000. It also experienced an increase in

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During the year, Xero, Inc experienced an increase in net fixed assets of 5304,000 and had depreciation of $20,000. It also experienced an increase in current assets of $152,000 and an increase in accounts payable of $74,000 If operating cash flow (OCF) for the year was 5695,000, calculate the firm's free cash flow (FCF) for the year The free cash flow (FCE) is S Round to the nearest dollar) Free cash flow (FCF ) is the amount of cash flow available to investors (debtholders and shareholders) after the firm has met the cost of operations and paid for both net fixed assets and net current assets. FCF can be solved for using the following equation. FCF = OCF - NFAI-NCAI, were OCF is the operating cash flow, NFAI is the net fixed asset investment, and NCAI is the net current asset investment OK

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