During the year, Xero, Inc., experienced an increase in net fixed assets of exist302,000 and...
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During the year, Xero, Inc., experienced an increase in net fixed assets of exist302,000 and had depreciation of exist201,000. It also experienced an increase in current assets of exist148,000 and an increase in accounts payable of exist79,000. If operating cash flow (OCF) for the year was exist697,000, calculate the firm's free cash flow (FCF) for the year. The free cash flow (FCF) is exist (Round to the nearest dollar.)
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