Business, 06.09.2019 16:20 hgtfdtdytrytdy748
The 2017 balance sheet of kerber's tennis shop, inc., showed long-term debt of $2.9 million, and the 2018 balance sheet showed long-term debt of $3.1 million. the 2018 income statement showed an interest expense of $145,000. during 2018, the company had a cash flow to creditors of ā$55,000 and the cash flow to stockholders for the year was $80,000. suppose you also know that the firm's net capital spending for 2018 was $1,330,000, and that the firm reduced its net working capital investment by $61,000. what was the firm's 2018 operating cash flow, or ocf? (enter your answer in dollars, not millions of dollars, e. g., 1,234,567.)
Answers: 1
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The 2017 balance sheet of kerber's tennis shop, inc., showed long-term debt of $2.9 million, and the...
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