What was the firms operating cash flow, Accounting Basics

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What was the firms operating cash flow

The 2010 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $2.3 million, and the 2011 balance sheet showed long-term debt of $2.55 million. The 2011 income statement showed an interest expense of $190,000. During 2011, Maria's Tennis Shop, Inc., had a cash flow to creditors of -$60,000 and the cash flow to stockholders for the year was $105,000. Suppose you also know that the firm's net capital spending for 2011 was $1,300,000, and that the firm reduced its net working capital investment by $55,000. What was the firm's 2011 operating cash flow?

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Accounting Basics: What was the firms operating cash flow

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Accounting Basics: What was the firms operating cash flow

Reference No:- TGS0705757

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Recent Questions Asked Accounting Basics

Q : Compute the cost that should be assigned to the inventory

Q : What is the deprication

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Q : What was the firms operating cash flow

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What was the firms operating cash flow

Reference No:- TGS0705757

Recent Questions Asked Accounting Basics

Q : Compute the cost that should be assigned to the inventory

Q : What is the deprication

Q : Compute the simple rate of return promised by the outlet

Q : How to compute the eac for both machine

Q : What was the firms operating cash flow

Q : Discuss the revised depreciation expense

Q : Why farr company purchased a new van for floral deliveries

Q : What are the variable expenses per unit

Q : Discuss the amount of under- or overapplied overhead

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