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Edwards Electronics recently reported $10,125 of sales, $4,950 of operating costs other than depreciation, and $1,125 of depreciation. The company had no amortization charges, it
Edwards Electronics recently reported $10,125 of sales, $4,950 of operating costs other than depreciation, and $1,125 of depreciation. The company had no amortization charges, it had $3,150 of bonds that carry a 5.25% interest rate, and its federal-plus-state income tax rate was 35%. How much was its net operating cash flow?
$3,284.75 | ||
$3,650.01 | ||
$3,639.61 | ||
$3,831.17 | ||
$4,032.81 |
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