Net working capital invesment

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"The 2013 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $5.5 million, and the 2014 balance sheet showed long-term debt of $5.7 million. The 2014 income statement showed an interest expense of $180,000. During 2014, Maria's Tennis Shop, Inc., had a cash flow to creditors of -$20,000 and the cash flow to stockholders for the year was $60,000. Suppose you also know that the firm's net capital spending for 2014 was $1,400,000 and that the firm reduced its net working capital invesment by $75,000. what was the firm's 2014 operating cash flow, or OFC?"

Reference no: EM131092202

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