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During 2020, Kive, a monetization platform for creators, had revenue of $930,000. Kive had $342,000 worth of fixed costs and $426,000 worth of variable costs.
During 2020, Kive, a monetization platform for creators, had revenue of $930,000. Kive had $342,000 worth of fixed costs and $426,000 worth of variable costs. Costs do not include depreciation, which was $100,000. In addition, Kive had an interest expense of $67,000 and an average tax rate of 21%. What is their operating cash flow? | |||||||||||
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