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Burns Industries has total sales of $256,149 and costs of $128,990 (Note: costs do not include depreciation expense). Depreciation expense is $45,924 and the tax
Burns Industries has total sales of $256,149 and costs of $128,990 (Note: costs do not include depreciation expense). Depreciation expense is $45,924 and the tax rate is 28 percent. The firm does not have any interest expense. What is the operating cash flow (OCF)? DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ROUND ANSWER TO THE NEAREST DOLLAR.
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