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Johnson's Automotive paid $31,100 in dividends and $2,700 in interest over the past year. Sales totaled $227,400 with costs of $182,300. The depreciation expense was
Johnson's Automotive paid $31,100 in dividends and $2,700 in interest over the past year. Sales totaled $227,400 with costs of $182,300. The depreciation expense was $20,100. The applicable tax rate is 21 percent. What is the amount of the operating cash flow?
Responses:
$40,622
$40,752
$40,547
$40,417
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