subject
Business, 01.10.2019 19:00 vonteee2

The 2017 balance sheet of kerber's tennis shop, inc., showed long-term debt of $6.2 million, and the 2018 balance sheet showed long-term debt of $6.4 million. the 2018 income statement showed an interest expense of $215,000. during 2018, the company had a cash flow to creditors of $15,000 and the cash flow to stockholders for the year was $70,000. suppose you also know that the firm’s net capital spending for 2018 was $1,470,000, and that the firm reduced its net working capital investment by $89,000. what was the firm’s 2018 operating cash flow, or ocf?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:00
Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting
Answers: 1
question
Business, 22.06.2019 13:50
The state troopers in one state have a motto, “nine you’re fine; ten you’re mine,” which is the standard that they use for pulling over speeders on the state highways. in other words, if the posted speed limit is 55 mph, drivers can drive at a rate up to 64 mph without fear of getting a ticket. which of the following best describes the ethical culture in the state? a. the troopers are following a standard of positive law. b. the troopers are following a normative standard. c. the troopers are following a headline test. d. the troopers are following the blanchard/peale standard.
Answers: 1
question
Business, 22.06.2019 18:00
Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to:
Answers: 2
question
Business, 22.06.2019 19:50
At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)
Answers: 2
You know the right answer?
The 2017 balance sheet of kerber's tennis shop, inc., showed long-term debt of $6.2 million, and the...
Questions
question
Mathematics, 02.02.2021 02:00
question
Arts, 02.02.2021 02:00
Questions on the website: 13722359