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Fyre Inc. has sales of $625,000, costs of Goods Sold $ 260,000, depreciation expense of $79,000, interest expense of $43,000, and a tax rate of

Fyre Inc. has sales of $625,000, costs of Goods Sold $ 260,000, depreciation expense of $79,000, interest expense of $43,000, and a tax rate of 35 percent. What is the net income for this firm? Also, calculate the operating cash flow (OCF).

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Answers Net income 157950 Operating cash flow 236950 So... blur-text-image

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