Question
Given the information for Schism, Inc., in Problems 10 and 11, suppose you also know that the firm's net capital spending for 2016 was $705,000,
Given the information for Schism, Inc., in
Problems 10 and 11, suppose you also know that the firm's net capital
spending for 2016 was $705,000, and that the firm reduced its net working
capital investment by $115,000. What was the firm's 2016 operating cash
flow, or OCF?
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Multinational Financial Management
Authors: Alan C Shapiro, Paul Hanouna
11th Edition
1119559901, 9781119559900
