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The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $6.3 million, and the 2018 balance sheet showed long-term debt of $6.5

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The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $6.3 million, and the 2018 balance sheet showed long-term debt of $6.5 million. The 2018 income statement showed an interest expense of $220.000. During 2018, the company had a cash flow to creditors of $20,000 and the cash flow to stockholders for the year was $75,000. Suppose you also know that the firm's net capital spending for 2018 was $1,480,000, and that the firm reduced its net working capital investment by $91,000. What was the firm's 2018 operating cash flow, or OCF? (Enter your answer in dollars, not millions of dollars, e.g. 1,234,567.) Square Hammer Corp. shows the following information on its 2018 income statement: Sales $264.000. Costs = $170.000: Other expenses = $7.900: Depreciation expense $14.500: Interest expense = $13,300; Taxes = $20.405. Dividends = $10.000. In addition, you're told that the firm issued $4.800 in new equity during 2018 and redeemed $3,300 in outstanding long-term debt. a. What is the 2018 operating cash flow? (Do not round intermediate calculations.) b. What is the 2018 cash flow to creditors? (Do not round intermediate calculations.) c. What is the 2018 cash flow to stockholders? (Do not round intermediate calculations.) d. If net fixed assets increased by $28.000 during the year, what was the addition to NWC? (Do not round intermediate calculations.)

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