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 2007 was
$760,000 and that the firm reduced its net working capital investment by $165,000. What was the firm’s 2007 operating cash flow, or OCF?
LO.1
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