Question: Given the information for Schism, Inc., in Problems 10 and 11, suppose you also know that the firm's net capital spending for 2016 was $705,000,

Given the information for Schism, Inc., in Problems 10 and 11, suppose you also know that the firm's net capital spending for 2016 was $705,000, and that the firm reduced its net working capital investment by $115,000. What was the firm's 2016 operating cash flow, or OCF?

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Cash flow to creditors refers to the amount that is distributed to the creditors from the profits generated during the business course of time The cas... View full answer

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