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New Town Industries Tax Rate 35% 2015 2014 Revenues $42,629 $37,911 Cost of goods sold $23,704 $24,832 Interest $1,230 $1,584 Dividends $1,200 $600 Depreciation $2,609
New Town Industries
Tax Rate 35% 2015 2014
Revenues $42,629 $37,911
Cost of goods sold $23,704 $24,832
Interest $1,230 $1,584
Dividends $1,200 $600
Depreciation $2,609 $2,814
Administrative expenses $7,040 $6,820
Cash $3,671 $2,969
Inventory $3,968 $4,503
Accounts Payable $2,325 $3,760
Long term debt $19,105 $25,900
Accounts Recievable $4,601 $5,318
Common Stock $22,600 $19,800
Net fixed assets $41,260 $42,110
____________________________________________
What is the operating cash flow for 2015?
A) $6,460
B) $9,069
C) $10,325
D) $3,753
E) $12,408
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