None 3. The long-term liabilities of the company in 2019 and 2020 were 1.6 million and 1.7 million, respectively. The interest expenses in 2020were 150000. The shareholder's equity in 2019 was 3.2 million, the shareholder's equity in 2020 was 3.5 million, and the cash dividends paidin 2020 were 200000. The net capital expenditure in 2020 was 900000, and the net working capital decreased by 120000. What is theoperating cash flow (OCF) for 2020.

(Note: Since the precise net income or non-cash expenses information was not provided, the…

Answered: 3. The long-term liabilities of the…

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 12P

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