Question
12. Given the information for Sugarpovas Tennis Shop, Inc., in Problems 10 and 11, suppose you also know that the firms net capital spending for
12. Given the information for Sugarpovas Tennis Shop, Inc., in Problems 10 and 11, suppose you also know that the firms net capital spending for 2015 was $1,250,000 and that the firm reduced its net working capital investment by $45,000. What was the firms 2015 operating cash flow, or OCF?
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Multinational Finance Evaluating Opportunities Costs and Risks of Operations
Authors: Kirt C. Butler
5th edition
1118270126, 978-1118285169, 1118285166, 978-1-119-2034, 978-1118270127
