The 2018 balance sheet of Spieth's Golf Shop, Inc., showed Long-term debt of $1.565 million, and...

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The 2018 balance sheet of Spieth's Golf Shop, Inc., showedLong-term debt of $1.565 million, and the 2019 balance sheet showedlong-term debt of $1.645 million. The 2019 income statement showedan interest expense of $170,000. The 2018 balance sheet of Spieth’sGolf Shop, Inc., showed $490,000 in the common stock account and$3.4 million in the additional paid-in surplus account. The 2019balance sheet showed $525,000 and $3.75 million in the same twoaccounts, respectively. If the company paid out $335,000 in cashdividends during 2019, what was the cash flow to stockholders forthe year? Given the information for Spieth’s Golf Shop, Inc., inthe previous two problems, suppose you also know that the firm’snet capital spending for 2019 was $735,000 and that the firmreduced its net working capital investment by $96,000. What was thefirm’s 2019 operating cash flow, or OCF?

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The 2018 balance sheet of Spieth's Golf Shop, Inc., showedLong-term debt of $1.565 million, and the 2019 balance sheet showedlong-term debt of $1.645 million. The 2019 income statement showedan interest expense of $170,000. The 2018 balance sheet of Spieth’sGolf Shop, Inc., showed $490,000 in the common stock account and$3.4 million in the additional paid-in surplus account. The 2019balance sheet showed $525,000 and $3.75 million in the same twoaccounts, respectively. If the company paid out $335,000 in cashdividends during 2019, what was the cash flow to stockholders forthe year? Given the information for Spieth’s Golf Shop, Inc., inthe previous two problems, suppose you also know that the firm’snet capital spending for 2019 was $735,000 and that the firmreduced its net working capital investment by $96,000. What was thefirm’s 2019 operating cash flow, or OCF?