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The 2017 statement of financial position of Roger's Tennis Shop Inc. showed long-term debt of $2.3 million, and the 2018 statement of financial position showed
The 2017 statement of financial position of Roger's Tennis Shop Inc. showed long-term debt of $2.3 million, and the 2018 statement of financial position showed long-term debt of $2.55 million. The 2018 statement of comprehensive income showed an interest expense of $190,000. During 2018, Roger's Tennis Shop Inc. realized the following: Cash flow to creditors Cash flow to shareholders $ -60,000 $ 415,000 Suppose you also know that the firm's net capital spending for 2018 was $1,300,000, and that the firm reduced its net working capital investment by $55,000. es What was the firm's 2018 operating cash flow, or OCF? (Omit $ sign in your response.) Operating cash flow
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