Given the information for Schism, Inc., in Problems 10 and 11, suppose you also know that the
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, 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 the full answer
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Related Book For 
Essentials of Corporate Finance
ISBN: 978-1259277214
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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