Business
Business, 20.01.2020 20:31, alydiale584

The 2017 balance sheet of kerber’s tennis shop, inc., showed long-term debt of $1.87 million, and the 2018 balance sheet showed long-term debt of $2.21 million. the 2018 income statement showed an interest expense of $255,000. during 2018, kerber's tennis shop, inc., realized the following: cash flow to creditors –$ 85,000 cash flow to stockholders $ 170,000 suppose you also know that the firm’s net capital spending for 2018 was $1,250,000, and that the firm reduced its net working capital investment by $45,000. what was the firm’s 2018 operating cash flow, or ocf?

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The 2017 balance sheet of kerber’s tennis shop, inc., showed long-term debt of $1.87 million, and th...

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