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Business, 18.09.2019 05:30 bernie24

The 2017 balance sheet of kerber's tennis shop, inc. showed long term debt of $5.8 million, and the 2018 balance sheet showed long term debt of $6.2 million. the 2018 income statement showed an interest expense of $205,000. during 2018, the company had a cash flow to creditors of $0 and the cash flow to stockholders for the year was $85,000. suppose you also know that the firms net capital spending for 2018 was $1,445,000, ad that the firm reduced its net working capital investment by $85,000what was the firms 2018 operating cash flow, or ocf?

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