Question the 2014 balance sheet of marias tennis shop inc, Ask an Expert

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Question: The 2014 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $4.6 million, and the 2015 balance sheet showed long-term debt of $4.2 million. The 2015 income statement showed an interest expense of $72034. During 2015, Maria's Tennis Shop, Inc. realized the following:

Cash flow to creditors $ 23522

Cash flow to stockholders $ 74632

Suppose you also know that the firm's net capital spending for 2015 was $3.9 million, and that the firm reduced its net working capital investment by $98713. What was the firm's 2015 operating cash flow, or OCF?

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Category:- Basic Finance
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