What was the firms operating cash flow

Assignment Help Financial Management

Reference no: EM13829057

The 2013 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.7 million, and the 2014 balance sheet showed long-term debt of $2.9 million. The 2014 income statement showed an interest expense of $140,000. During 2014, Maria’s Tennis Shop, Inc., had a cash flow to creditors of -$60,000 and the cash flow to stockholders for the year was $70,000. Suppose you also know that the firm’s net capital spending for 2014 was $1,320,000, and that the firm reduced its net working capital investment by $59,000.

What was the firm’s 2014 operating cash flow, or OCF?

Reference no: EM13829057

Questions Cloud

Employees to pursue educational opportunities : In an era where employees do not rely completely on the same employer to provide them with work throughout their careers, do you think employers have a responsibility to encourage their employees to pursue educational opportunities? Why or why not?

Statistical analysis with data from journal articles : Statistical Analysis with data from journal articles

Volume variance with a column for Routine Services : Greenview Hospital operated at 120% of normal capacity in two of its departments during the year. It operated 120% times 20,000 normal capacity direct labor nursing hours in routine services and it operated 120% times 20,000 normal capacity equipment..

Calculation of mean and standard deviation for oxygen : Calculation of Mean and Standard Deviation for Oxygen

What was the firms operating cash flow : The 2013 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.7 million, and the 2014 balance sheet showed long-term debt of $2.9 million. The 2014 income statement showed an interest expense of $140,000. What was the firm’s 2014 o..

Statistical analysis air pollution and risk of asthma : Statistical analysis Air Pollution and Risk of Asthma in Children

In a discounted cash flow analysis : Giant Corp. is considering a project that requires a $1,500 initial cost for a new machine that will be depreciated straight line to a salvage value of 0 on a 5-year schedule. The project will require a one-time increase in the level of net working c..

What is the companys unlevered cost of equity capital : Skillet Industries has a debt-equity ratio of 1.4. Its WACC is 9.4%, and its cost of debt is 6.7%. The corporate tax rate is 35%. What is the company's cost of equity capital? What is the company's unlevered cost of equity capital?

Describe a hedging strategy using futures contracts : Hedging Strategies For the following scenarios, describe a hedging strategy using futures contracts that might be considered.

User Account

All Pages