A firm has revenue of $50,000, the cost of goods sold is $23,000, other expenses (selling and administration) are $14,000 and depreciation is $5,000. The
A firm has revenue of $50,000, the cost of goods sold is $23,000, other expenses (selling and administration) are $14,000 and depreciation is $5,000. The firm s tax rate is 33%. What is the operating cash flow?
| a. $ 5,360 | ||
| b. $ 8,000 | ||
| c. $ 10,360 | ||
| d. $ 13,000 | ||
| e. None of the above |
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Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
