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The 2011 balance sheet of Anna's Tennis Shop, Inc... showed long-term debt of $1420000, and the 2012 balance sheet showed long-term debt of $1570000The 2012
The 2011 balance sheet of Anna's Tennis Shop, Inc... showed long-term debt of $1420000, and the 2012 balance sheet showed long-term debt of $1570000The 2012 income statement showed an interest expense of $130000 Also The 2011 balance sheet of Anna's Tennis Shop, Inc., showed $490000 in the common stock account and $3.4 million in the additional paid-in surplus accountThe 2012 balance sheet showed $570000 and $3.7 million in the same two accounts respectively If the company paid out $275,000 in cash dividends during 2012, and bought it own shares of $20000 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 $87000What was the firm's 2012 operating cash flow, or OCF?
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