Question
Webster's has sales of $850,000 and a profit margin of 7.00 percent. The annual depreciation expense is $82,600. What is the amount of the operating
Webster's has sales of $850,000 and a profit margin of 7.00 percent. The annual depreciation expense is $82,600. What is the amount of the operating cash flow if the company has no long-term debt?
| A. | $54,264 | |
| B. | $22,160 | |
| C. | $142,100 | |
| D. | $104,760 |
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Financial Reporting And Statement Analysis A Strategic Perspective
Authors: Clyde P. Stickney, Paul Brown
4th Edition
0030238110, 978-0030238116
