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Business, 18.09.2019 01:10 miafluellen

The 2008 balance sheet of maria's tennis shop, inc., showed $3.05 million in long-term debt, $760,000 in the common stock account, and $6.3 million in the additional paid-in surplus account. the 2009 balance sheet showed $3.7 million, $905,000, and $8.25 million in the same three accounts, respectively. the 2009 income statement showed an interest expense of $310,000. the company paid out $670,000 in cash dividends during 2009. if the firm's net capital spending for 2009 was $780,000, and the firm reduced its net working capital investment by $135,000, the firm's 2009 operating cash flow, or ocf?

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