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You are given the following information for last year for Four Corners, Inc. (FCI). Sales $200,000 Increase in net fixed assets $15,000 SG&A Expenses $15,000
You are given the following information for last year for Four Corners, Inc. (FCI).
Sales | $200,000 |
Increase in net fixed assets | $15,000 |
SG&A Expenses | $15,000 |
Cost of goods sold | $80,000 |
Interest expense | $9,000 |
Depreciation expense | $8,000 |
Taxes | $21,000 |
New equity raised | $8,000 |
Net increase (or decrease) in long-term debt | ($2,500) |
Dividends | $15,000 |
What was the operating cash flow for FCI?
A. | $ 70,600 | |
B. | $ 79,600 | |
C. | $ 88,600 | |
D. | $ 75,000 | |
E. | $ 66,000 | |
F. | $ 84,000 |
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