Given the financial data for New Electronic World, Inc. (NEW), compute the following measures of cash flows for the NEW for the year ended December 31, 2015.
(a) Operating cash flow
(b) Free cash flow
For the year ended December 31, 
Definitions:
Denominator
The bottom number in a fraction which indicates how many equal parts the whole is divided into.
Intangible Assets
Non-physical assets that have value, such as patents, trademarks, copyrights, and goodwill.
Natural Resources
Assets that occur in nature, such as minerals, timber, and water, which can be used to produce goods and services.
Research and Development
Activities undertaken by a company to innovate and introduce new products or services, often involving experimental or theoretical work.
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