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What is the Operating Cash Flow for 2021 Consider the accounting data below for the Gibson Co. for 2021. The firm pays corporate taxes at
What is the Operating Cash Flow for 2021
Consider the accounting data below for the Gibson Co. for 2021. The firm pays corporate taxes at the flat 21% Corporate Rate. Sales Costs Depreciation EBIT Interest Exp EBT Taxes (21%) Net Income Dividends Add to Ret Earn Cash Accont Rec Inventory Current Assets Net Fix Assets Total Assets 350,000 475,000 250,000 78,000 650,000 565,000 67,000 630,000 485,000 Current Liab Long-Term Debt Total Liab Common Stock Retained Earn Total Equity Total Liab&EQ 2020 987,000 450,000 500,000 What is the Operating Cash Flow for 2021?
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