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Evergreen Corporation provided the following financial data: • Change in Net Fixed Assets = $35,000 Change in Net Working Capital = $30,000 Dividends Paid = $29,000 ⚫ Depreciation Expense = $45,000 • Interest Paid $20,000 Net New Borrowing = $15,000 Net New Equity Issued = $10,000 Calculate the Operating Cash Flow (OCF).

Evergreen Corporation provided the following financial data: • Change in Net Fixed Assets = $35,000 Change in Net Working Capital = $30,000 Dividends Paid = $29,000 ⚫ Depreciation Expense = $45,000 • Interest Paid $20,000 Net New Borrowing = $15,000 Net New Equity Issued = $10,000 Calculate the Operating Cash Flow (OCF).

Cornerstones of Financial Accounting
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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Evergreen Corporation provided the following financial data: • Change in Net Fixed Assets = $35,000 Change in Net Working Capital = $30,000 Dividends Paid = $29,000 ⚫ Depreciation Expense = $45,000 • Interest Paid $20,000 Net New Borrowing = $15,000 Net New Equity Issued = $10,000 Calculate the Operating Cash Flow (OCF).
Transcribed Image Text:Evergreen Corporation provided the following financial data: • Change in Net Fixed Assets = $35,000 Change in Net Working Capital = $30,000 Dividends Paid = $29,000 ⚫ Depreciation Expense = $45,000 • Interest Paid $20,000 Net New Borrowing = $15,000 Net New Equity Issued = $10,000 Calculate the Operating Cash Flow (OCF).
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