Given the information for Whelan, Inc., in Problems 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, or OCF?
Problems 10 and 11
The December 31, 2018, of Whelan, Inc., showed long-term debt of $1,350,000, and the December 31, 2019, showed long-term debt of $1,470,000. The 2019 income statement showed an interest expense of $97,500. What was the firm’s during 2019?
The December 31, 2018, of Whelan, Inc., showed $120,000 in the account and $2,289,000 in the additional paid-in surplus account. The December 31, 2019, showed $137,000 and $2,568,000 in the same two accounts, respectively. If the company paid out $149,500 in cash dividends during 2019, what was the cash flow to stockholders for the year?
