The world’s Largest Sharp Brain Virtual Experts Marketplace Just a click Away
Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 418 Weeks Ago, 4 Days Ago |
| Questions Answered: | 3232 |
| Tutorials Posted: | 3232 |
MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
Problem 2-13 Calculating Total Cash Flows [LO4]
|
The 2010 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $5.0 million, and the 2011 balance sheet showed long-term debt of $5.20 million. The 2011 income statement showed an interest expense of $165,000. During 2011, MariaAc€?cs Tennis Shop, Inc. realized the following: |
| Â |
| Â Â Cash flow to creditors | $ | -35,000 |
| Â Â Cash flow to stockholders | $ | 70,000 |
| Â | ||
| Suppose you also know that the firmAc€?cs net capital spending for 2011 was $1,370,000, and that the firm reduced its net working capital investment by $69,000. |
| What was the firmAc€?cs 2011 operating cash flow, or OCF? (Enter your answer in dollars, not millions of dollars, i.e. 1,234,567.) |
Â
| Â Â Operating cash flow | $Â Â Â |
Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k Y-----------ou -----------for----------- us-----------ing----------- ou-----------r w-----------ebs-----------ite----------- an-----------d a-----------cqu-----------isi-----------tio-----------n o-----------f m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l