Id. Oxford Corporation 20x2 Income Statement Net Sales Cost of Goods Sold Depreciation EBIT Interest Expense Tax (35%) Net Income ('$ in millions) 12300 6450 2340 3510 630 2880 1008 1872 Cash Account Receivables Inventory Totale Net fixed Assets Oxford Corporation 20x1 and 20x2 Balance Statement ('$ in millions) 20x1 20x2 320 4256 Account Payable 2,650 3,075 Notes Payable 3,285 3,860 Total 6,255 7,3604 Long-Term Debt 11,000 10,680 Common Stock Retained Earnings 17,255 18,040 Total Liab. and equity 20x1 20x2 2,750 2,580 100 20 2,850 2,600 7,905 8,110 5,000 5,270 1,500 2,060 17,255 18,040 Total Assets Based on the information provided, answer the following questions- i) What is the change in the net working capital from 20x1 to 20x2? + ii) What is the amount of the non-cash expenses for 20x2?4 iii) What is the amount of the net capital spending for 20x2? + iv) What is the operating cash flow for 20x2? + v) What is the cash flow of the firm (cash flow from asset) for 20x2? + vi) What is the cash flow to creditors for 20x2? + vii) What is the cash flow to shareholders for 20x2? + (13 marks) Differentiate the cash flow from asset from the cash flow from operating activities, financing activities and investing activities. Why is it important to study the operating cash flow of a company? Illustrate your answer with example(s). b