Question
Last year, a company had total sales of $102,000, costs are $60,000, and depreciation is $6,500. The interest expense is $1,600 and the tax rate
Last year, a company had total sales of $102,000, costs are $60,000, and depreciation is $6,500. The interest expense is $1,600 and the tax rate is 25 percent. What is the operating cash flow of the company?
A $42,525
B $40,275
C $38,025
D $35,775
E $33,525
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
4th edition
978-1408066621, 1408066629, 1408076861, 978-1408076866
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