Reference no: EM132073948

A) The 2008 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.7 million, and the 2009 balance sheet showed long-term debt of $3.7 million. The 2009 income statement showed an interest expense of $270,000. What was the firm's cash flow to creditors during 2009?

B) The 2008 balance sheet of Maria's Tennis Shop, Inc., showed $880,000 in the common stock account and $6.9 million in the additional paid-in surplus account. The 2009 balance sheet showed $925,000 and $8.3 million in the same two accounts, respectively. If the company paid out $670,000 in cash dividends during 2009, What was the cash flow to stockholders for the year?

C) The 2008 balance sheet of Maria's Tennis Shop, Inc., showed $2.5 million in long-term debt, $750,000 in the common stock account, and $5.9 million in the additional paid-in surplus account. The 2009 balance sheet showed $4.2 million, $895,000, and $7.9 million in the same three accounts, respectively. The 2009 income statement showed an interest expense of $290,000. The company paid out $610,000 in cash dividends during 2009. If the firm's net capital spending for 2009 was $720,000, and the firm reduced its net working capital investment by $185,000, the firm's 2009 operating cash flow, or OCF?

D) Determine the common stock for Bertinelli Corp. based on the following information: cash = $400,000; patents and copyrights = $690,000; accounts payable = $510,000; accounts receivable = $159,000; tangible net fixed assets = $3,500,000; inventory = $215,000; notes payable = $180,000; accumulated retained earnings = $1,315,000; long-term debt = $1,830,000.