Question
Your firm has net income of $273 on total sales of $1,240. Costs are $690 and depreciation is $130. The tax rate is 22 percent.
Your firm has net income of $273 on total sales of $1,240. Costs are $690 and depreciation is $130. The tax rate is 22 percent. The firm does not have interest expenses.
What is the operating cash flow?
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Financial Accounting A User Perspective
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
6th Canadian Edition
470676604, 978-0470676608
