Problemle place has sales of 439000 depreciation of 32000, Ask an Expert

Accounting

Problem:

Le Place has sales of $439,000, depreciation of $32,000, and net working captial of $56,000. The firm has a tax rate of 34% and a profit margin of 6%. The firm has no interest expense.

Required:

Question: What is the amount of the operating cash flow?

Note: Show supporting computations in good form.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91170546

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