What was the firms operating cash flow or ocf

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The 2014 balance sheet of Sugarpova's Tennis Shop, Inc., showed long-term debt of $3.3 million, and the 2015 balance sheet showed long-term debt of $3.4 million. The 2015 income statement showed an interest expense of $155,000. During 2015, the company had a cash flow to creditors of $55,000 and the cash flow to stockholders for the year was $60,000. Suppose you also know that the firm’s net capital spending for 2015 was $1,350,000, and that the firm reduced its net working capital investment by $65,000.

What was the firm’s 2015 operating cash flow, or OCF?

Reference no: EM13793194

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What was the firms operating cash flow or ocf : The 2014 balance sheet of Sugarpova's Tennis Shop, Inc., showed long-term debt of $3.3 million, and the 2015 balance sheet showed long-term debt of $3.4 million. The 2015 income statement showed an interest expense of $155,000. What was the firm’s 20..

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