Question: Refer to the data in the table below. Calculate operating cash flow. Sales $ 5 6 . 6 6 COGS $ 1 8 . 7

Refer to the data in the table below. Calculate operating cash flow.
Sales
$56.66
COGS
$18.72
Gross profit
$37.94
Operating expenses except depreciation
$21.09
Depreciation
$4.50
EBIT
$12.35
Tax at 20%
$2.47
Net income
$9.88
Additional investments in operating assets:
Net short-term investments
$7.08
Net plant and equipment
$48.32
Total new operating assets
$55.40
Question 11 options:
1)
$9.88m
2)
$3.0415m
3)
$4.986m
4)
$7.4125m
5)
$14.38m

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