Question: Given the information for Butterfly Wings, Inc., in Problems 11 and 12, suppose you also know that the firm's net capital spending for 2008 was

Given the information for Butterfly Wings, Inc., in Problems 11 and 12, suppose you also know that the firm's net capital spending for 2008 was $760,000, and that the firm reduced its net working capital investment by $135,000. What was the firm's 2008 operating cash flow, or OCF?

Step by Step Solution

★★★★★

3.33 Rating (165 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

We know that cash flow from assets is equal to cash flow to cr... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

106-B-C-F-F-S (243).docx

120 KBs Word File

Students Have Also Explored These Related Corporate Finance Questions!

Given the information for Schism, Inc., in Problems 11 and 12, suppose you also know that the firm's net capital spending for 2014 was $640,000, and that the firm reduced its net working capital...

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 2009 was $940,000, and that the firm reduced its net working...

Given the information for Schism, Inc., in Problems 11 and 12, suppose you also know that the firms net capital spending for 2010 was $910,000, and that the firm reduced its net working capital...

Everyone is aware of well-known "textbook" fraud cases such as Enron and WorldCom. Many such cases happened almost 20 years ago; to begin our study of accounting fraud, let's conduct research to gain...

Please answer number 12 I attached the multiple-choice answers Question 1 1 pts Chapter 2 - End of Chapter Questions and Problems - Question 12 $396,300 $481,700 O $521,500 $598,700 O $622,750 LO4...

Dube Plumbing Ltd's 31 December 2020 statement of financial position showed a debt of R2,8 million and the 31 December 2021 statement of financial position showed a debt of R3,1 million. The 2021...

Given the information for Whelan, Inc., in Problems 10 and 11, suppose you also know that the firms net capital spending for 2019 was $745,000 and that the firm reduced its net working capital...

Given the information for Schism, Inc., in Problems 10 and 11, suppose you also know that the firm's net capital spending for 2016 was $705,000, and that the firm reduced its net working capital...

Answer only question 12 please and thank you 10.Cash Flow to CreditorsThe December 31, 2018, balance sheet of Whelan, Inc., showed long-term debt of $1,350,000, and the December 31, 2019, balance...

Calculating total cash flows Given the information for Kerber's tennis shop inc., in problems 8 and 9, suppose you also know that the firms net capital spending for 2018 was $1,250,000 and that the...

When changing the estimate of the useful life of an asset, should depreciation expense for all the previous years be recalculated? If not, how do you account for a change in this estimate?

Vic owns land worth $450 in which she has a basis of $125. The land is subject to a mortgage of $100 which Vic took out several years ago in order to buy the land. She transfers the land to Bari Corp...

Question 3 of 1 5 . Which of the following could result in a casualty loss deduction? Damage to personal - use property caused by an automobile accidert. Damage to personal - use properfy caused by a...

14. End-user computing has become extremely popular in distributed data processing organizations. The end users like it because they think they can more readily design and implement their own...

As indicated by examples in this chapter, earnings announcements by companies are closely followed by, and frequently result in, share price revisions. Two issues should come to mind. First, earnings...

Suppose you observe the following situation: Assume these securities are correctly priced. Based on the CAPM, what is the expected return on the market? What is the risk-freerate? Security Oxy Co....

What are the five factors that determine an option's price?

Problem 12-6 Calculating Cost of Debt [LO 2] ICU Window, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with seven years to maturity that is quoted at 112...

Suppose you just turned 30 years old, expect to retire in 35 years at age 65, and then to live for 20 more years until age 85. Your pre-tax salary this year is $100,000 (paid at the end of this year)...

Mills Mining is considering an expansion project. The proposed project has the following features. The project has an initial cost of $607--this is also the amount which can be depreciated using the...