What was the firms operating cash flow

Assignment Help Financial Management
Reference no: EM13872157

The 2011 balance sheet of Anna’s Tennis Shop, Inc., showed long-term debt of $6.0 million, and the 2012 balance sheet showed long-term debt of $6.25 million. The 2012 income statement showed an interest expense of $205,000. The 2011 balance sheet of Anna’s Tennis Shop, Inc., showed $590,000 in the common stock account and $4.8 million in the additional paid-in surplus account. The 2012 balance sheet showed $630,000 and $5.3 million in the same two accounts, respectively. The company paid out $600,000 in cash dividends during 2012. Suppose you also know that the firm’s net capital spending for 2012 was $1,450,000, and that the firm reduced its net working capital investment by $85,000.

What was the firm’s 2012 operating cash flow, or OCF?

Reference no: EM13872157

Questions Cloud

Compute the corresponding volume flow rate : Compute the corresponding volume flow rate if the diameter at A is 5.0 cm. The phenomenon that occurs at a when p2 falls to nearly zero is known as cavitations. The water vaporizes into smallbubbles.
Determine the inventory turnover ratio : Comment on any changes in these measures and compare the inventory turnover at Amazon. com to inventory turnover at Barnes & Noble, Inc., where inventory turned over 3.5 times during 2012 (104.3 days to sell). Based on your own experience, what's the..
What amount of interest expense should be reported : Alston uses a calendar-year reporting period. Using the preferable method of amortization, what amount of interest expense should be reported for 2014?
What is projected free cash flow to equity : What is projected free cash flow to equity for the coming year?
What was the firms operating cash flow : The 2011 balance sheet of Anna’s Tennis Shop, Inc., showed long-term debt of $6.0 million, and the 2012 balance sheet showed long-term debt of $6.25 million. The 2012 income statement showed an interest expense of $205,000. What was the firm’s 2012 o..
Discount rate-what is the present value of these cash flows : Conoly Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 960 2 840 3 935 4 1,350 1)If the discount rate is 10 percent, what is the present value of these cash flows? If the discount rate is 18 percent, what is..
Average density of the skier : Caught in an avalanche, a skier is fully submerged in flowing snow of density 96 kg/m3. Assume that the average density of the skier, clothing, and skiing equipment is 1020 kg/m3.
Using network policy servers to increase network security : Using Network Policy Servers to Increase Network Security
Used to monitor businesss receivables : Which of the following techniques is(are) used to monitor a business's receivables?

Reviews

Write a Review

Financial Management Questions & Answers

  What is cost of equity raised by selling new common stock

Trahan Lumber Company hired you to help estimate its cost of common equity. You obtained the following data: D1 = $1.25; P0 = $27.50; g = 5.00% (constant); and F = 6.00%. What is the cost of equity raised by selling new common stock?

  Calculate net present value of project with net investment

Calculate the net present value of a project with a net investment of $20,000 for equipment and an additional net working capital investment of $5,000 at time 0. The project is expected to generate net cash flows of $7,00 per year over a 10 year esti..

  Efficient provision of a public good occurs

Efficient provision of a public good occurs at the level at which each member of society places the same value on the last unit. If a good is non rival and excludable, it will never be produced by the private sector. A road is non rival because one p..

  What is the approximate real rate of interest

Treasury bills are currently paying 5 percent and the inflation rate is 3.20 percent. What is the approximate real rate of interest?

  Calculate market price per share

A company has an EPS of Rs.10 per share. Using Walter model, calculate market price per share

  What is the value-use financial calculator

What is the value today of $4,600 per year, at a discount rate of 10 percent, if the first payment is received 6 years from today and the last payment is received 20 years from today?

  You have been hired in the finance department at a large

you have been hired in the finance department at a large metropolitan for-profit hospital. your duties are very

  What is the standard deviation of returns for mutual fund

Consider the following capital market: a risk-free asset yielding 0.75% per year and a mutual fund consisting of 70% stocks and 30% bonds. The expected return on stocks is 10.75% per year and the expected return on bonds is 3.25% per year.

  Considering project which will provide annual cash inflows

You are considering a project which will provide annual cash inflows of $4,500, $5,700, and $8,000 at the end of each year for the next three years, respectively. what is the net present value of these cash flows, given a 9 percent discount rate?

  Simple payback calculation but with discounting

The United States purchased Alaska in 1867 for $7.2M (where M stands for million). Assume that federal tax revenue from the state of Alaska (net federal expenditures) is $55.1M in 2012 and that tax revenue started in 1868 and has steadily increased b..

  How much must an organization invest in a mutual fund

How much must an organization invest in a mutual fund today in order to sell its shares for $50,000 in three years, assuming the average annual market return will be 9%, compounded biweekly?. An organization plans to save $10,000 per month for a new ..

  Observations concerning trust departments

Which of the following observations concerning trust departments is true?

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!

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