Problemover the past year a firm has paid 72 in dividends, Ask an Expert

Accounting

Problem:

Over the past year, a firm has paid $72 in dividends and $77 in interest. It has issued $91 in net new equity, and borrowed an additional $196. The firm's net working capital changed from $28 at the beginning of the year to $36 at the end, depreciation was $48, and net fixed assets have gone up by $142.

Required:

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

Note: Provide support for rationale.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91166831

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