Brookside Enterprises provided the following financial data: • • • • • Change in Net Fixed Assets = $30,000 Change in Net Working Capital = $28,000 Dividends Paid = $32,000 Depreciation Expense = $40,000 Interest Paid = $22,000 Net New Borrowing = $18,000 Net New Equity Issued = $12,000 Calculate the Operating Cash Flow (OCF).
Brookside Enterprises provided the following financial data: • • • • • Change in Net Fixed Assets = $30,000 Change in Net Working Capital = $28,000 Dividends Paid = $32,000 Depreciation Expense = $40,000 Interest Paid = $22,000 Net New Borrowing = $18,000 Net New Equity Issued = $12,000 Calculate the Operating Cash Flow (OCF).
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...
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Question
Calculate the operating cash flow
Transcribed Image Text:Brookside Enterprises provided the following financial data:
•
•
•
•
•
Change in Net Fixed Assets = $30,000
Change in Net Working Capital = $28,000
Dividends Paid = $32,000
Depreciation Expense = $40,000
Interest Paid = $22,000
Net New Borrowing = $18,000
Net New Equity Issued = $12,000
Calculate the Operating Cash Flow (OCF).
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