Question: The income statement for Apple Inc. is shown below with numbers in US$ billions: Apple Inc. Income Statement (in US$ billions) 2017 2018 2019 2020

The income statement for Apple Inc. is shown below with numbers

The income statement for Apple Inc. is shown below with numbers in US$ billions: Apple Inc. Income Statement (in US$ billions) 2017 2018 2019 2020 229 266 260 275 141 164 162 170 88 102 98 105 17 22 Fiscal Year Income statement: Revenue COGS Gross profit (GP) Selling, gen. & admin. (SGA) expenses Depreciation & amort EBIT Net int expenses Profit before taxes (PBT) Taxes Net income (NI) 28 20 11 10 13 11 61 71 64 66 43 -2 - 2 -1 64 73 66 67 16 13 10 10 55 48 60 57 Calculate the company's operating cash flow (OCF) for 2020

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