Posted: February 4th, 2024
Lipscomb COURSE FI 3503 Maria’s Tennis Shop, Inc., had Cash Flow to Creditors of $-1,170,000.
Maria’s Tennis Shop, Inc., had Cash Flow to Creditors of $-1,170,000. The firm also had Cash Flow to Shareholders of $-2,015,000. If the firm’s net capital spending for 2009 was $800,000, and the firm reduced its net working capital investment by $175,000, the firm’s 2009 operating cash flow, or OCF?$-3,185,000 $-4,950,000 $3,535,000 $-3,700,000 $-2,560,000
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