Solution-Compute the operating cash flow ocf of the company

Compute the operating cash flow ocf of the company

Reference no: EM13966116

The Pelican Corporation provided the following information for 2014, in $ millions:

Proceeds from long-term borrowing 6,500
Proceeds from sale of common stock 4,000
Net sales of fixed assets 10,000
Purchases of inventories 12,500
Payment of dividends 11,500

The company paid no interest during the year, and there were no changes to current liabilities.

Compute the Operating Cash Flow (OCF) of the company.

Reference no: EM13966116

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Compute the operating cash flow ocf of the company

Reference no: EM13966116

Reference no: EM13966116

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