balance sheet of Osaka's Tennis Shop, Incorporated, showed long-term of $2.25 million, and the 2021 balance sheet showed long-term debt of S million. The 2021 income statement showed an interest expense of $305,000. D 2021, Osaka's Tennis Shop, Incorporated, realized the following: -$ 105,000 $ 209,000 Cash flow to creditors Cash flow to stockholders Suppose you also know that the firm's net capital spending for 2021 was $1.5 million that the firm reduced its net working capital investment by $55,000. What was the firm's 2021 operating cash flow, or OCF? (Enter your answer in dollars not millions of dollars, e.g., 1,234,567.) Operating cash flow
balance sheet of Osaka's Tennis Shop, Incorporated, showed long-term of $2.25 million, and the 2021 balance sheet showed long-term debt of S million. The 2021 income statement showed an interest expense of $305,000. D 2021, Osaka's Tennis Shop, Incorporated, realized the following: -$ 105,000 $ 209,000 Cash flow to creditors Cash flow to stockholders Suppose you also know that the firm's net capital spending for 2021 was $1.5 million that the firm reduced its net working capital investment by $55,000. What was the firm's 2021 operating cash flow, or OCF? (Enter your answer in dollars not millions of dollars, e.g., 1,234,567.) Operating cash flow
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter12: Corporate Valuation And Financial Planning
Section: Chapter Questions
Problem 8P: Stevens Textile Corporations 2019 financial statements are shown here. Stevens grew rapidly in 2019...
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