Given the information for Sugarpova’s Tennis Shop, Inc., in Problems 8 and 9, suppose you also know that the firm’s net capital spending for 2015 was $1’250,000 and that the firm reduced its net working capital investment by $45,000. What was the firm’s 2015 operating cash flow, or OCF?
Given the information for Sugarpova’s Tennis Shop, Inc., in Problems 8 and 9, suppose you also know that the firm’s net capital spending for 2015 was $1’250,000 and that the firm reduced its net working capital investment by $45,000. What was the firm’s 2015 operating cash flow, or OCF?
