Chevelle, Inc., has sales of , costs of , depreciation expense of , and interest expense of
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Question:
Chevelle, Inc., has sales of , costs of , depreciation expense of , and interest expense of . If the tax rate is 21 percent, what is the operating cash flow, or OCF?
Sales | 39,500 |
Costs | 18,400 |
Depreciation Expense | 1,900 |
Interest Expense | 1,400 |
Tax rate |
Complete the following analysis. Do not hard code values in your calculations.
Income Statement | ||
Sales | 39,500 | |
Costs | 18,400 | |
Depreciation expense | 1,900 | |
EBIT | ||
Interest expense | 1,400 | |
EBT | ||
Taxes (21%) | 3,738 | |
Net income |
Related Book For
Essentials of Corporate Finance
ISBN: 978-1260013955
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Posted Date: