Net change on working capital is $2,550. Net capital spending is $500. EBIT is $1,110. Depreciation is $575. Taxes are $400. Find Operating Cash Flow.

Entrepreneurial Finance
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ISBN:9781337635653
Author:Leach
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Chapter14: Security Structures And Determining Enterprise Values
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Problem 8EP
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Provide correct solution this general accounting question

Net change on working capital is $2,550.
Net capital spending is $500.
EBIT is $1,110.
Depreciation is $575.
Taxes are $400.
Find Operating Cash Flow.
Transcribed Image Text:Net change on working capital is $2,550. Net capital spending is $500. EBIT is $1,110. Depreciation is $575. Taxes are $400. Find Operating Cash Flow.
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