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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 $90,000
Interest expense $9,000
Depreciation expense $8,000
Taxes $20,000
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?
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