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Williams, Inc., has sales of $25,300, costs of $9,100, depreciation expense of $1,700, and interest expense of $950. If the tax rate is 40%, what
Williams, Inc., has sales of $25,300, costs of $9,100, depreciation expense of $1,700, and interest expense of $950. If the tax rate is 40%, what is the operating cash flow or OCF? Sales $25,300 Costs $9,100 Depreciation Expense $1,700 EBIT $14,500 (my calculation) Interest Expense $950 EBT $13,550 (my calculation) Taxes @ 40% $5,420 (my calculation) Net Income $8,130 (my calculation Tax Rate 40% Operating Cash Flow =?????? Above numbers are given unless indicated otherwise (i.e. my calculation)
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