You have gathered this information on JJ Enterprises:20142015Sales$6.318$7,202COGS3,9454.460Interest303277Depreciation1,2041,196Cash672418Accounts receivables601578Current liabilities414463Inventory1,2151.598Long-term debt4,7804.103Net fixed assets7.7007,330Shareholder's equity4.9945.358Taxes217317What is the operating cash flow for 2015?Al $1,823B) $1.229C) $1,367D) $2,425E) $1,766

Reference: Vipond, T. (2024d, March 6). Operating cash flow. Corporate Finance Institute.…

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Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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How do I determine the NNO for 2014? Dec. 31, 2016 Dec. 31, 2015 Dec. 31, 2014 Operating Assets 1,447,869 1,513,139 Operating liabilities 1,094,173 1,158,007 Net operating assets (NOA) 353,696 355,132 $ 397,299.00 NNO $ 490,548 $ 473,323 Equity $ 844,244 $ 828,455 $ 726,328.00 NOA= NNO + Equity $ 1,334,792 $ 1,301,778
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