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A firm has total sales of $44,000, cost of goods sold $26,715, selling and administrative expenses $8,200 and depreciation of $4.245 The firm has not

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A firm has total sales of $44,000, cost of goods sold $26,715, selling and administrative expenses $8,200 and depreciation of $4.245 The firm has not borrowed any loans. The operating cash flow at a tax rate of 20 percent is A firm has sales of $22,400, net income of $3,600, net fixed assets of $18,700, inventory of $2.000, account receivables of $1.200 and total current assets of $6,300. The common-size statement value of account receivables is percent. tion 20 yet wered XYZ has operating cash flow of $12,000. Depreciation is $2,345 and Interest paid is $306. A net total of scos was paid on long-term debt. The firm spent $8,400 on fixed assets and increased networking capital by $420. What is the cash flow of the tim? ked out of Answer: lag stion

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