Question
A firm had cash flow to bondholders of -$265. The firm had net income of $1,500 and had retained earnings of $500. The common stock
A firm had cash flow to bondholders of -$265. The firm had net income of $1,500 and had retained earnings of $500. The common stock account increased by $100 over the year. If ANWC is equal to -$285 and net capital spending was $2,300, calculate what was operating cash flow?
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Introduction to Financial Accounting
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
11th edition
978-0133251111, 013325111X, 0133251039, 978-0133251036
