Problemthe beach house has sales of 784000 and a profit, Ask an Expert

Finance

Problem:

The Beach House has sales of $784,000 and a profit margin of 8 percent. The annual depreciation expense is $14,000.

Required:

Question: What is the amount of the operating cash flow if the company has no long-term debt?

$68,760
$72,240
$74,240
$76,720
$81,760

Note: Please show how to work it out.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91162902

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