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ABC Company had the following operating results for 2010: sales = $19,820; cost of goods sold = $13,940; depreciation expense = $2,330; interest expense =
ABC Company had the following operating results for 2010: sales = $19,820; cost of goods sold = $13,940; depreciation expense = $2,330; interest expense = $325; dividends paid = $590. The tax rate for 2010 was 35 percent. At the beginning of the year, net fixed assets were $13,800, current assets were $2,940, and current liabilities were $2,070. At the end of the year, net fixed assets were $16,128, current assets were $3,280, and current liabilities were $2,160.What is the operating cash flow during 2010?
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