In 2018, a company using US GAAP made cash payments of ($6) million for salaries, ($2) million

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In 2018, a company using US GAAP made cash payments of \($6\) million for salaries, \($2\) million for interest expense, and \($4\) million for income taxes. Additional information for the company is provided in the table:image text in transcribed

Based only on the information given, the company’s operating cash fl ow for 2018 is closest to :
A . \($6\) million.
B . \($10\) million.
C . \($14\) million.

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International Financial Statement Analysis Workbook

ISBN: 9781119628095

4th Edition

Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie

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