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Over the past year, a firm has paid $70 in dividends and $81 in interest. It has issued $94 in net new equity, and borrowed
Over the past year, a firm has paid $70 in dividends and $81 in interest. It has issued $94 in net new equity, and borrowed an additional $160. The firm's net working capital changed from $26 at the beginning of the year to $30 at the end, depreciation was $40, and net fixed assets have gone up by $123. What was the firm's OCF for the year?
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