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The 2017 balance sheet of Dream, Inc., showed current assets of $1,520 and current liabilities of $940. The 2018 balance sheet showed current assets of

The 2017 balance sheet of Dream, Inc., showed current assets of $1,520 and current liabilities of $940. The 2018 balance sheet showed current assets of $1,720 and current liabilities of $1,060. What was the company's 2018 change in net working capital, or NWC?

  • $2,080

  • $-190

  • $-320

  • $80

  • $320

The 2017 balance sheet of Kerbers Tennis Shop, Inc., showed $2.9 million in long-term debt, $770,000 in the common stock account, and $5.95 million in the additional paid-in surplus account. The 2018 balance sheet showed $3.85 million, $905,000, and $8.65 million in the same three accounts, respectively. The 2018 income statement showed an interest expense of $210,000. The company paid out $590,000 in cash dividends during 2018. If the firm's net capital spending for 2018 was $710,000, and the firm reduced its net working capital investment by $205,000, what was the firm's 2018 operating cash flow, or OCF?

  • $-3,660,000

  • $3,395,000

  • $-4,670,000

  • $-2,480,000

  • $-2,985,000

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