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28 Sep 2019
The December 31, 2009, balance sheet of Schism, Inc., showedlong-term debt of $1.430 million, $146,000 in the common stockaccount and $2.71 million in the additional paid-in surplusaccount. The December 31, 2010, balance sheet showed long-term debtof $1.64 million, $156,000 in the common stock account and $3.01million in the additional paid-in surplus account. The 2010 incomestatement showed an interest expense of $97,000 and the companypaid out $151,000 in cash dividends during 2010. The firmâs netcapital spending for 2010 was $1,020,000, and the firm reduced itsnet working capital investment by $131,000.
What was the firmâs operating cash flow during 2010?
The December 31, 2009, balance sheet of Schism, Inc., showedlong-term debt of $1.430 million, $146,000 in the common stockaccount and $2.71 million in the additional paid-in surplusaccount. The December 31, 2010, balance sheet showed long-term debtof $1.64 million, $156,000 in the common stock account and $3.01million in the additional paid-in surplus account. The 2010 incomestatement showed an interest expense of $97,000 and the companypaid out $151,000 in cash dividends during 2010. The firmâs netcapital spending for 2010 was $1,020,000, and the firm reduced itsnet working capital investment by $131,000.
What was the firmâs operating cash flow during 2010?
What was the firmâs operating cash flow during 2010?
Trinidad TremblayLv2
28 Sep 2019
