User Account

All Pages

Determining the firm 2018 operating cash flow

Assignment Help Finance Basics
Reference no: EM132626899

The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $6.2 million, and the 2018 balance sheet showed long-term debt of $6.4 million. The 2018 income statement showed an interest expense of $215,000. During 2018, the company had a cash flow to creditors of $15,000 and the cash flow to stockholders for the year was $70,000. Suppose you also know that the firm's net capital spending for 2018 was $1,470,000, and that the firm reduced its net working capital investment by $89,000

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.)

Reference no: EM132626899

Questions Cloud

Leading project and had to suddenly change direction : Tell us about a time when you were leading a project and had to suddenly change direction. Who initiated the change?
Find the book value of the machine at the end of year : The machine's useful life is estimated to be 4 years with a $5,000 salvage value. Find the book value of the machine at the end of year 4
Discuss the sentiments of phillis wheatley : Discuss the sentiments of Phillis Wheatley as expressed in her poem "On Being Brought from Africa to America" and that of the spirituals
What seems important in understanding religious practice : What seems important in understanding religious practice and culture? Have you learned something new, or have your changed your mind
Determining the firm 2018 operating cash flow : 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.)
What is the book value of the machine at the end : In the second year, production increased to 19,000 units. Using the units-of-production method, what is the book value of the machine at the end of second year
What seems important in understanding religious practice : What seems important in understanding religious practice and culture? Have you learned something new, or have your changed your mind
Facts relating to the securities offered by the prospectus : Who is required to certify that the information in the prospectus constitutes full, true and plain disclosure of all material facts relating to the securities o
Information governance and legal functions : The most significant aspect of all of these functions relates to legality and regulatory compliance from a critical perspective.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd