Problem:
Over the past year, a firm has paid $56 in dividends and $83 in interest. It has issued $87 in net new equity, and borrowed an additional $165. The firm's net working capital changed from $27 at the beginning of the year to $32 at the end, depreciation was $56, and net fixed assets have gone up by $113.
Requirement:
Question: What was the firm's OCF for the year?
Note: Provide support for your underlying principle.