contestada

Given the information for Whelan Inc, in problem 10 and 11, suppose you also know that the firm's net capital spending for 2019 was $745,000 and that the firm reduced its net working capital investment by #94,300. What was the firm's 2019 operating cash flow?

Respuesta :

Answer:

Based on information provided the only line item that falls in the Operating Cash Flow is Reduction in Net Working Cash Flow. Capital Spend comes under Investing Cash Flow. Debt, Interest payment, Dividend payment and capital surplus come under Financing Cash flow.

A reduction in net cash flow increases the cash flow for the company. Thus the OCF equals +$94,300 for the company.

Step-by-step explanation:

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE