Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

The 2009 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.4 million, and the 2010 balance sheet showed long-term debt of $2.5 million. The 2010 income statement showed an interest expense of $195,000.

The 2009 balance sheet of Maria's Tennis Shop, Inc., showed $730,000 in the common stock account and $6.2 million in the additional paid-in surplus account. The 2010 balance sheet showed $775,000 and $6.9 million in the same two accounts, respectively. The company paid out $400,000 in cash dividends during 2010.

Given the information above for Maria's Tennis Shop, Inc., suppose you also know that the firms net capital spending for 2010 was $810,000, and that the firm increased its net working capital investment by $25,000. What was the firm's 2010 operating cash flow, or OCF?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M945016

Have any Question? 


Related Questions in Basic Finance

Focus on analysis yum brands inclearning objective 4

Focus on Analysis | Yum! Brands, Inc. (Learning Objective 4: Analyze f inancial statements) Refer to the Yum! Brands, Inc.'s financial statements in Appendix B at the end of the book. Suppose you are an investor consider ...

Imagine that the us congress decides to completely overhaul

Imagine that the U.S. Congress decides to completely overhaul the current federal income tax system because of its tremendous complexity and is considering using national retail sales taxes replace income taxes. Compare ...

You are reviewing your targets for short-term cash reserves

You are reviewing your targets for short-term cash reserves next year. You wish to carry at least twenty days cash on hand. If annual budgeted cash expenses are $48,000,000, what amount of short-term cash reserves should ...

Use the same information as in problem now assume a loan

Use the same information as in problem. Now assume a loan for $1.5 million is obtained at a 10 percent interest rate and a 15-year term. a. Calculate the expected IRR on equity and the standard deviation of the return on ...

1 what are sources of economic profits for a company or an

1 .What are sources of economic profits for a company or an industry? 2. The following is an excerpt that appeared in an article "Strategic Planning: Not Just for Big Business" published at www.smallbusinessnotes. com/pl ...

Net assets and employees retirement fundthe city of

Net Assets and Employees' Retirement Fund The City of Sweetwater maintains an Employee's Retirement Fund, a single-employer, defined benefit plan that provides annuity and disability benefits. The fund is financed by act ...

What is meant by break even drivers identify two important

What is meant by break even drivers? Identify two important drivers affecting the amount of revenues needed for ventures to break even Explain

A project has a projected sales quantity of 810 units a

A project has a projected sales quantity of 810 units, a sales price of $56 a unit, a variable cost per unit of $38, and fixed costs of $5,200. All estimates are within a plus or minus range of 3 percent. You would like ...

1 explain why the priorities for liquidation are determined

1. Explain why the priorities for liquidation are determined as they are. Do you agree with the order? 2. What is the difference between economic failure and financial distress? Which situation is likely to lead to liqui ...

Anticipate and respond to questions about textbook

Anticipate and respond to questions about textbook content. Prepare a three-minute presentation, using an outline, on any section. Before making the presentation, write a list of the questions you anticipate being asked ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro