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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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