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Krueger Industrial Smoothing had sales last year of $8 million with cost of good sold running 55% of sales and other operating costs of $500,000.
Krueger Industrial Smoothing had sales last year of $8 million with cost of good sold running 55% of sales and other operating costs of $500,000. Their tax rate is 35%, depreciation is $1.2 million and interest expense is $850,000. What was their Operating Cash Flow? A. $5,592,500 B. $3,242,500 C. $300,000 D. $2,732,500
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