Question: Class: Financial management Problem 2-10 calculating Total cash flows. During 2017 Maria's Tennis shop Inc had a cash flow to creditors of -$ 60,000 (negative)

Class: Financial management

Problem 2-10 calculating Total cash flows.

During 2017 Maria's Tennis shop Inc had a cash flow to creditors of -$ 60,000 (negative) and the cash flow to stockholders for the year was $ 70,000. Suppose you also know that the firm's net capital spending for 2017 was $ 1,320,000, and that the firm reduced its net working capital investment by $ 59,000.

What was the firm's 2017 operating cash flow or OCF?

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