Please show work and formulas for each problem.

11:07 instructure-uploads.s3.amazona C A firm's operating cash flow (OCF) is defined as A) gross profit minus operating expenses. B) gross profit minus depreciation. C) EBIT times one minus the tax rate plus depreciation. D) EBIT plus depreciation Cash flows directly related to production and sale of the firm's products and services are called A) operating flows. B) investment flows. C) financing flows. D) none of the above. Cash flows associated with the purchase and sale of fixed assets and business interests are called A) operating flows. B) investment flows. C) financing flows. D) none of the above. All of the following are financing cash flows EXCEPT A) sale of stock B) payment of bonuses. C) increasing debt. D) repurchasing stock. JAM Company had net fixed assets this year of S11,500,000 and S9,100,000 last year. Current assets were $8,500,000 this year and S6,600,000 last year. Accounts payable and accruals increased from $875,000 last year to S995,000 this year. Depreciation this year is $1,200,000. What is this company's NCAI? A) $1,780,000 B) S2.450,000 C) $2,925,000 D) $3,180,000 Anderson Corporation reported net income of $2.250,000, EBIT of S6,753,000, depreciation of S1,500,000, operating expenses of S2,560,000 and a tax rate of 33%. What is the company's OCF? A) $5,872,030 B) S6,024,510 C) S6,372,040 D) $7,750,900