Question: 2. Given the financial data for Federer, Inc.: For the year ended December 31, 2018 2019 Depreciation $ 6,000 EBIT 30,000 Interest Expenses 3,000 Taxes
| 2. Given the financial data for Federer, Inc.: |
For the year ended December 31, | |
|
| 2018 2019 | |
| Depreciation | $ 6,000 | |
| EBIT | 30,000 | |
| Interest Expenses | 3,000 | |
| Taxes | 8,000 | |
| Cash | $21,000 | 25,000 |
| Accounts Receivable | 39,000 | 45,000 |
| Inventory | 29,000 | 30,000 |
| Net fixed assets | 23,000 | 26,000 |
| Accounts payable | 25,000 | 30,000 |
| Notes payable | 50,000 | 40,000 |
| Accruals | 1,000 | 2,000 |
Calculate Operating Cash Flow (OCF) and Free Cash Flow (FCF) for the year of 2019. (5)
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