Given the information for Annas Tennis Shop Inc. in the previous two problems, suppose you also know

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Given the information for Anna’s Tennis Shop Inc. in the previous two problems, suppose you also know that the firm’s net capital spending for 2018 was $945,000 and that the firm reduced its net working capital investment by $87,000. What was the firm’s 2018 operating cash flow?

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Corporate Finance

ISBN: 9781259270116

8th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss

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