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During the year, Xero, Inc., experienced an increase in net fixed assets of $ 302,000 and had depreciation of $ 195,000. It also experienced an
During the year, Xero, Inc., experienced an increase in net fixed assets of $ 302,000 and had depreciation of $ 195,000. It also experienced an increase in current assets of $ 154,000 and an increase in accounts payable of $ 79,000. If operating cash flow (OCF ) for the year was $ 703,000 , calculate the firm's free cash flow (FCF ) for the year. I tried 326,000 and 247,000
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