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Problem:

Over the past year, a firm has paid $56 in dividends and $71 in interest. It has issued $99 in net new equity, and borrowed an additional $156. The firm's net working capital changed from $24 at the beginning of the year to $31 at the end, depreciation was $58, and net fixed assets have gone up by $107.

Required:

Question: What was the firm's OCF for the year?

Note: Provide support for your rationale.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91162239

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