Net working capital investment

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The 2013 balance sheet of Maria's Tennis Shop, showed long term debt of $5.4M, and the 2014 balance sheet showed long term debt of $5.6M. The 2014 income statement showed an interest expense of $175,000. During 2014, Maria's Tennis Shop had a cash flow to creditors of -$25,000 and the cash flow to stockholders for the year was $80,000. Suppose you also know that the firm's net capital spending for 2014 was $1,390,000, and that the firm reduced its net working capital investment by $73,000.

What was the firm's 2014 OCF?

Reference no: EM131089216

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