Question
Your firm has net income of $329 on total sales of $1,340. Costs are $740 and depreciation is $130. The tax rate is 23 percent.
Your firm has net income of $329 on total sales of $1,340. Costs are $740 and depreciation is $130. The tax rate is 23 percent. The firm does not have interest expenses. What is the operating cash flow?
Multiple Choice
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$492
-
$541
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$394
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$320
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$443
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Introduction To Financial Management
Authors: Sudanshu Pandeya
1st Edition
1774695316, 978-1774695319
