Given the information for Marias Tennis Shop, Inc., in Problems 11 and 12, suppose you also know

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Given the information for Maria’s Tennis Shop, Inc., in Problems 11 and 12, 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, or OCF?

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Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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