The 2021 balance sheet of Speith's Golf Shop, Inc., showed long-term debt of $3.3 million, and the 2022 balance sheet showed long-term debt of $3.55 million. The 2022 income statement showed an interest expense of $155,000. The 2021 balance sheet showed $490,000 in the common stock account and $2.2 million in the additional paid-in surplus account. The 2022 balance sheet showed $530,000 and $2.4 million in the same two accounts, respectively. The company paid out $400,000 in cash dividends during 2022. Suppose you also know that the firm's net capital spending for 2022 was $1,350,000, and that the firm reduced its net working capital investment by $65,000. What was the firm's 2022 operating cash flow, or OCF?

How many years will the following take? a. $500 to grow to $1,039.50 if it's invested at 5 percent compounded annually b. $35 to grow to $53.87 if it's invested at 9 percent compounded annually c. $100 to grow to $298.60 if it's invested at 20 percent compounded annually d. $53 to grow to $78.76 if it's invested at 2 percent compounded annually USE EXCEL TO WORK THIS OUT AND SHOW THE FORMULA!

Can somebody check if this is right it's a hw problem on cengage?

Define Indirect method