The 2013 balance sheet of Maria's Tennis Shop, Inc., showedlong-term debt of $6.2 million, and the 2014 balance sheet showedlong-term debt of $6.4 million. The 2014 income statement showed aninterest expense of $215,000. During 2014, Mariaâs Tennis Shop,Inc., had a cash flow to creditors of $15,000 and the cash flow tostockholders for the year was $70,000. Suppose you also know thatthe firmâs net capital spending for 2014 was $1,470,000, and thatthe firm reduced its net working capital investment by $89,000.
What was the firmâs 2014 operating cash flow, or OCF?
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