Question: Given the financial data for New Electronic World (NEW), compute the foloowing measures of cash flows for the NEW for the year eneded Dec 31,

Given the financial data for New Electronic World (NEW), compute the foloowing measures of cash flows for the NEW for the year eneded Dec 31, 2015

a) operating cash flow

b) free cash flow

(Please show all work)

2014 2015
depreciation 3,000
EBIT 30,000
taxes 8,000
cash 21,000 24,000
AR 39,000 45,000
inventory 27,000 30,000
net fixed assets 22,000 24,000
AP 25,000 30,000
Notes payable 50,000 40,000
accruals 1,000 2,000

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