During 2014 raines umbrella corp had sales of 880000 cost, Ask an Expert

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During 2014, Raines Umbrella Corp. had sales of $880,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $580,000, $90,000, and $135,000, respectively. In addition, the company had an interest expense of $91,000 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions.)

What is the company's operating cash flow?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92163480

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