Question
Calculating OCF. Ridiculousness, Inc. has sales of $43,800, costs of $22,700, depreciation expense of $2,100, and interest expense of 1,600. If the tax rate is
Calculating OCF. Ridiculousness, Inc. has sales of $43,800, costs of $22,700, depreciation expense of $2,100, and interest expense of 1,600. If the tax rate is 35%, what is the operating cash flow (OCF)? Show your Income Statement & computation.
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Ridiculousness Inc Income Statement and Operating Cash Flow Calculation Sales 43800 Costs 22700 Gros...
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Fundamentals of Corporate Finance
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
8th Edition
978-0073530628, 978-0077861629
