Question
he following entries appear on the annual income statement for Mobile Zone Ltd.: Sales$1,915,000Cost of goods sold-$785,350Wages-$475,000Depreciation-25,000Interest expenses-$51,285Dividend-$120,000 What is Mobile Zone's operating cash flow,
he following entries appear on the annual income statement for Mobile Zone Ltd.:
Sales$1,915,000Cost of goods sold-$785,350Wages-$475,000Depreciation-25,000Interest expenses-$51,285Dividend-$120,000
What is Mobile Zone's operating cash flow, if its tax rate is 30%?
Group of answer choices
$440,755
$404,856
None of the other answers is correct
$284,856
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
