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a b please Principles of Finance Fall 2020 Bus330-02 crn 91804 Homework: chapter 4 homework Save Score: 0.33 of 1 pt 4 of 7 (4

a b please

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Principles of Finance Fall 2020 Bus330-02 crn 91804 Homework: chapter 4 homework Save Score: 0.33 of 1 pt 4 of 7 (4 complete) HW Score: 47.62%, 3.33 o... %) P4-4 (book/static) Question Help Depreciation and accounting cash flow A firm in the third year of depreciating its only asset, which originally cost $180,000 and has a 5-year MACRS recovery period , has gathered the following data relative to the current year's operations: Accruals Current assets Interest expense Sales revenue Inventory Total costs before depreciation, interest and taxes Tax rate on ordinary income $15,000 120,000 15,000 400,000 70,000 290,000 21% a. Use the relevant data to determine the operating cash flow for the current year. a. Complete the following table to determine the operating cash flow (OCF): (Round to the nearest dollar.) Operating Cash Flow Sales revenue $ Less: Total costs before depreciation, interest, and taxes Depreciation expense Earnings before interest and taxes $ Less: Taxes at 21% Net operating profit after taxes (NOPAT) Plus: Depreciation Operating Cash Flow (OCF) $

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