Question
During 2014, Koneko Cat Cafe had revenue of $150,000. Koneko had $40,000 worth of fixed costs and $30,000 worth of variable costs. Depreciation was $10,000.
During 2014, Koneko Cat Cafe had revenue of $150,000. Koneko had $40,000 worth of fixed costs and $30,000 worth of variable costs. Depreciation was $10,000. In addition the cafe had an interest expense of $12,000 and an average tax rate of 25%. What is their operating cash flow?
A. $62,500.00
B. $53,500.00
C. $52,500.00
D. $70,000.00
E. None of these
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Public School Finance Decoded
Authors: Jay C. Toland
1st Edition
1475827679, 978-1475827675
