Question
. Caterpillar Inc has sales of $39500, costs of $18400, depreciation expense of $1900, and interest expense of $ 1400. If the tax rate is
. Caterpillar Inc has sales of $39500, costs of $18400, depreciation expense of $1900, and interest expense of $ 1400. If the tax rate is 35% , what is the OCF? Why do you feel depreciation and interest expense is not considered as part of OCF? ( 8+2)
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Data Analysis And Decision Making
Authors: Christian Albright, Wayne Winston, Christopher Zappe
4th Edition
538476125, 978-0538476126
