Question
Magic Lantern Cinema has just reported the following financial information (all numbers are in thousands): Sales: 400 COGS: 171 SG&A: 49 Depreciation: 45 Interest: 17
Magic Lantern Cinema has just reported the following financial information (all numbers are in thousands):
Sales: 400
COGS: 171
SG&A: 49
Depreciation: 45
Interest: 17
Tax rate: 29%
What was the company's operating cash flows (in thousands)?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
