Question
Kirk Enterprises has net sales of $982,500 and costs of $789,100. The depreciation expense is $124,700 and the interest paid is $23,100. What is the
Kirk Enterprises has net sales of $982,500 and costs of $789,100. The depreciation expense is $124,700 and the interest paid is $23,100. What is the amount of the firm's operating cash flow if the tax rate is 34%?
| a. | $177,896 | |
| b. | $200,996 | |
| c. | $53,196 | |
| d. | $154,796 | |
| e. | $30,096 |
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Finance For Normal People
Authors: Meir Statman
1st Edition
019062647X, 978-0190626471
