Question
For the past year, Kayla, Inc., has sales of $44,822, interest expense of $3,230, cost of goods sold of $15,259, selling and administrative expense of
For the past year, Kayla, Inc., has sales of $44,822, interest expense of $3,230, cost of goods sold of $15,259, selling and administrative expense of $11,006, and depreciation of $5,255. If the tax rate is 38 percent, what is the operating cash flow?
$10,072
$6,245
$11,500
$13,357
$14,730
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
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