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The owner of a bicycle repair shop forecast revenues of $ 2 0 0 , 0 0 0 a year. Variable costs will be $

The owner of a bicycle repair shop forecast revenues of $200,000 a year. Variable costs will be
$60,000 and rental costs for the shop are $35,000 a year. Depreciation on the repair tools will be
$15,000. The tax rate is 34%. Calculate the operating cash flow for the repair shop using all three
methods we learned in the lecture. Confirm that all three approaches result in the same value for
cash flow. solve without excel

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