Question
Bavarian Sausage, Inc. posted the following income statement: Income Statement Sales $525,000 Cost of goods sold 215,000 Depreciation 65,000 Earnings before interest and taxes 245,000
Bavarian Sausage, Inc. posted the following income statement:
| Income Statement | ||
| Sales |
| $525,000 |
| Cost of goods sold |
| 215,000 |
| Depreciation |
| 65,000 |
|
|
|
|
| Earnings before interest and taxes |
|
245,000 |
| Interest expense | 35,000 |
|
|
|
|
|
| Net profit before taxes |
|
210,000 |
| Taxes (@ 40%) |
| 84,000 |
|
|
|
|
| Net income |
| $126,000 |
What is Bavarian Sausage, Inc.s operating cash flow? please show work.
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Finance For Development
Authors: Barbara Stallings
1st Edition
0815780850, 978-0815780854
