Problemunited enterprises paid 12000 in dividends and 21300, Ask an Expert

Finance

Problem:

United Enterprises paid $12,000 in dividends and $21,300 in interest over the past year. Sales totaled $139,700 with costs of $101,400. The depreciation expense was $10,500. The applicable tax rate is 34 percent.

Required:

Question 1: What is the amount of the operating cash flow? Explain in detail and give step by step elucidation.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91146767

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