1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mama L [17]
3 years ago
11

The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $6.2 million, and the 2018 balance sheet showed l

ong-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?
Business
1 answer:
Rudik [331]3 years ago
7 0

Answer:

The firm’s 2018 operating cash flow, or OCF is $1466000.

Explanation:

Cash flow from assets = Cash flow to creditors + Cash flow to stockholders

= $15,000 + $70,000

= $85,000

Cash flow from assets = Operating Cash Flow - Change in Net Working Capital - Net capital spending

$85,000 = Operating Cash Flow - (-$89,000) - $1,470,000

Operating Cash Flow = $85,000 - $89,000 + $1,470,000

                                    = $1466000

Therefore, The firm’s 2018 operating cash flow, or OCF is $1466000.

You might be interested in
Performance goals are used to
lidiya [134]
Help you know what is expected of you in your position.
i guess this is the right answer
8 0
3 years ago
Read 2 more answers
Roger is engaging in HR planning. He is trying to predict what human resources will be needed in the coming year in his organiza
Marina86 [1]

The activity in which Roger is engaged in is called program evaluation.

<h3>What is Program Evaluation?</h3>

This refers to the ability to make predictions about the things which are needed for a program to run successfully.

Hence, because Roger is involved in Human Resources planning and he is trying to predict what human resources will be needed in the coming year in his organization, then he is engaged in program evaluation.

Read more about program evaluation here:
brainly.com/question/26523302

7 0
2 years ago
The processes a firm uses to turn inputs into outputs of goods and services is called
Troyanec [42]

The correct answer is technology.

The processes that a firm uses in order to turn inputs into outputs of goods and services is called technology.

6 0
3 years ago
Refining estimates may be necessary for a number of reasons. For example, people working on prototype development needing time t
puteri [66]

Answer:

Normal conditions not applying.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The fundamentals of Project Management includes;

1. Project initiation

2. Project planning

3. Project execution

4. Monitoring and controlling of the project

5. Adapting and closure of project.

Refining estimates may be necessary for a number of reasons. For example, people working on prototype development needing time to interact with the design engineers after the design is completed is a good example of normal conditions not applying because it follows the discretion of the manager or team involved.

5 0
2 years ago
What do statistics show about most Americans’ financial management?
anzhelika [568]

Answer:

46%of Americans couldn't come out with $400 in an emergency

7 0
3 years ago
Other questions:
  • If a good is both excludable and nonrival in consumption, then it is
    5·1 answer
  • Bravo company had $5,100 of supplies on hand at the beginning of 2016. on march 31 bravo purchased an additional $12,400 of supp
    12·2 answers
  • A market has four individuals, each considering buying a grill. Assume that grills come in only one size and model. Martina cons
    15·1 answer
  • Which of the following factors are typically omitted from the quantitative analysis of wages but can help explain otherwise unac
    14·2 answers
  • You are thinking about buying a new car and will borrow $20,000 for this purchase at a 5 percent fixed rate for exactly one year
    10·1 answer
  • The Werner Corporation uses the weighted-average method in its process costing system. The company recorded 24,400 equivalent un
    8·1 answer
  • Explain what the long- and short-term consequences are of not promoting equality or working to reduce poverty.
    11·1 answer
  • Suppose you started a new job recently. While you were completing your employee information forms online, you noticed that you m
    14·1 answer
  • A company purchased equipment for use in the business at a cost of $15,000, one-fourth was paid in cash, and the company signed
    15·1 answer
  • All of the following are examples of oligopolistic markets except A) the broadcasting industry. B) aircraft manufacture. C) coll
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!