Review problem related to operating cash flow

Reference no: EM131924105

Question: The 2008 balance sheet of Maria's Tennis Shop, Inc., showed $3 million in long-term debt, $770,000 in the common stock account, and $6.15 million in the additional paid-in surplus account. The 2009 balance sheet showed $3.8 million, $965,000, and $8 million in the same three accounts, respectively. The 2009 income statement showed an interest expense of $280,000. The company paid out $560,000 in cash dividends during 2009. If the firm's net capital spending for 2009 was $680,000, and the firm reduced its net working capital investment by $185,000, the firm's 2009 operating cash flow, or OCF?

Reference no: EM131924105

Questions Cloud

Calculate cash flow from operations : In 2012, Usher Sports Shop had cash flows from investing activities of -$4,544,000 and cash flows from financing activities of -$5,970,000.

Find the price of the put option using the simulated stock : Find the price of the put option using the simulated stock prices. Please simulate the end of year stock price for 1000 times.

What is the real or inflation-free rate per year : In 2000, a gift of $1 million was invested in government bonds at an interest rate of 3% per year. Inflation is 2% from 2000 to 2015.

Risk-free asset to replicate the payoff of the put option : Please use binomial option pricing model to find the price of the put option. The put option matures in a year and has exercise price $30.

Review problem related to operating cash flow : The 2008 balance sheet of Maria's Tennis Shop, Inc., showed $3 million in long-term debt, $770,000 in the common stock account, and $6.15 million.

Discuss internal controls of protecting shareholder rights : In 2002, after the accounting deceptions of the management of many multi-million dollar corporations (with Enron being the benchmark name of that time period).

Find the yield rate for the new purchaser : Suppose that the bond was issued January 15, 2000, and is bought by a new purchaser on April 1, 2005 for a market price of 112.225.

Considering project to purchase new equipment : Alessandro Florenzi Company (AFC) is considering a project to purchase a new equipment. What is the project's MIRR?

How much value did management add to stockholders wealth : For 2012, Everyday Electronics reported $22 million of sales and $18 million of operating costs (including depreciation). The company has $15 million.

User Account

All Pages