You are the CFO of ABC Corp. You are looking to hire a financial analyst, and youve given an assignment to two short-listed candidates. Youve given the following information to the job applicants:

	The company reported net sales of $3,125 million. Assume that there were no noncash sales.
	Operating costs (excluding depreciation and amortization) were 65% of the companys total revenues.
	Depreciation and amortization charges were 5% of total sales.
	Interest charges were 15% of earnings before interest and taxes (EBIT) with a tax rate of 40%.

Youve asked the candidates to give you a number that best represents the cash flow situation of the company.

Kurt submits a report stating that the firm has $634 million in cash available.

Jake submits a report stating that the firm has $478.125 million in cash.

Based on the information given to them, which applicant has provided a better estimate of the companys current cash flows? Check all that apply.