Ch 2 HW - Cash Flows 6 5 points Saved The 2020 balance sheet of Osaka's Tennis Shop, Incorporated, showed long-term debt

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Ch 2 Hw Cash Flows 6 5 Points Saved The 2020 Balance Sheet Of Osaka S Tennis Shop Incorporated Showed Long Term Debt 1 (46.16 KiB) Viewed 41 times

Ch 2 HW - Cash Flows 6 5 points Saved The 2020 balance sheet of Osaka's Tennis Shop, Incorporated, showed long-term debt of $3.1 million, and the 2021 balance sheet showed long-term debt of $3.2 million. The 2021 income statement showed an interest expense of $150,000. During 2021, the company had a cash flow to creditors of $50,000 and the cash flow to stockholders for the year was $90,000. Suppose you also know that the firm's net capital spending for 2021 was $1.34 million and that the firm reduced its net working capital investment by $63,000. What was the firm's 2021 operating cash flow, or OCF? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Operating cash flow 8 04:32:02 Skipped eBook Print References