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Calculate the operating cash flow for Cardinals Inc. given the following information: Sales = $1,500,000; Operating Costs = $750,000; Depreciation Expense = $100,000; Marginal Tax

  1. Calculate the operating cash flow for Cardinals Inc. given the following information: Sales = $1,500,000; Operating Costs = $750,000; Depreciation Expense = $100,000; Marginal Tax Rate = 34%; Opportunity Cost = 15%.

    A.

    $750,000

    B.

    $429,000

    C.

    $529,000

    D.

    $684,000

    E.

    Cannot be determined

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