The Stancil Corporation provided the following information: Proceeds from long-term borrowing ..............$19,800 Proceeds from the sale of

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The Stancil Corporation provided the following information:

Proceeds from long-term borrowing ..............$19,800
Proceeds from the sale of common stock .........3,240
Purchases of fixed assets ...................................23,100
Purchases of inventories ......................................3,380
Payment of dividends ...........................................8,520
Payment of interest ................................................2,460

What was the company’s operating cash flow?

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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