Problemyour firm has net income of 245 on total sales of, Ask an Expert

Accounting

Problem:

Your firm has net income of $245 on total sales of $1,080. Costs are $610 and depreciation is $120. The tax rate is 30 percent. The firm does not have interest expenses.

Required:

Question: What is the operating cash flow?

Note: Please show how you came up with the solution.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91168688

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