Question: Use the data below to compute 2014 OCF (Operating Cash Flow): 2014 2013 Cash 14 20 Short-term investments 6 68 Accounts receivable 365 320 Inventories
Use the data below to compute 2014 OCF (Operating Cash Flow):
|
| 2014 | 2013 |
| Cash | 14 | 20 |
| Short-term investments | 6 | 68 |
| Accounts receivable | 365 | 320 |
| Inventories | 551 | 416 |
| Property, plant & equipment (net) | 928 | 873 |
| Accounts payable | 48 | 32 |
| Short-term debt | 100 | 61 |
| Accrued liabilities | 147 | 133 |
| Long-term debt | 662 | 580 |
| Common stock | 130 | 130 |
| Retained earnings | 770 | 714 |
| Net revenue | 3144 | 2853 |
| Depreciation expense | 114 | 93 |
| Interest | 90 | 65 |
| Taxes | 80 | 81 |
| Net income | 256 | 124 |
(Round to the nearest whole dollar)- ans should be 439
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