Over the past year a firm has paid 86 in dividends and 60


Over the past year, a firm has paid $86 in dividends and $60 in interest. It has issued $90 in net new equity, and borrowed an additional $132. The firm's net working capital changed from $23 at the beginning of the year to $39 at the end, depreciation was $40, and net fixed assets have gone up by $146. What was the firm's OCF for the year?

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Financial Management: Over the past year a firm has paid 86 in dividends and 60
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