Calculating Cash Flows Given the information for Annas Tennis Shop, Inc., in the previous two problems, suppose
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Calculating Cash Flows Given the information for Anna’s Tennis Shop, Inc., in the previous two problems, suppose you also know that the firm’s net capital spending for 2012 was $945,000 and that the firm reduced its net working capital investment by $87,000. What was the firm’s 2012 operating cash flow, or OCF?
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Corporate Finance With Connect Access Card
ISBN: 978-1259672484
10th Edition
Authors: Stephen Ross ,Randolph Westerfield ,Jeffrey Jaffe
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