Suppose you also know that the firms net capital spending

Assignment Help Finance Basics
Reference no: EM13479619

The 2010 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $3.1 million, and the 2011 balance sheet showed long-term debt of $3.20 million. The 2011 income statement showed an interest expense of $150,000. During 2011, Maria's Tennis Shop, Inc., had a cash flow to creditors of $50,000 and the cash flow to stockholders for the year was $90,000. Suppose you also know that the firm's net capital spending for 2011 was $1,340,000, and that the firm reduced its net working capital investment by $63,000.

What was the firm's 2011 operating cash flow, or OCF?

Reference no: EM13479619

Questions Cloud

Since jean oldcraft has been head womens hockey coach at : since jean oldcraft has been head womens hockey coach at casco college she has enjoyed considerable success. oldcraft
Find a good quality business article about a new product or : find a good quality business article about a new product or service innovation or a particularly interesting
Find the ebit indifference level associated with the two : abe forrester and three of his friends from college have interested a group of venture capitalists in backing their
Prepare a 10-minute presentation 10-15 slides not including : prepare a 10-minute presentation 10-15 slides not including title or reference slide on organizational culture and
Suppose you also know that the firms net capital spending : the 2010 balance sheet of marias tennis shop inc. showed long-term debt of 3.1 million and the 2011 balance sheet
Determine the composition of his preferred portfolio both : write a half-page pamphlet in everyday language that could be used to educate your client about port olio formation. it
Which of the following below groups of words could be : which of the following below groups of words could be labeled a correct sentence and why?1.when sally entered the class
Perry plans to contribute the amounts described in the : perry plans to contribute the amounts described in the table to his savings account at the times described in the
Describe your approach and provide details regarding the : create a pamphlet about a topic of your choice that can be used in your nursing practice. evaluate the readability by

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd