A company with no debt has a net income of $52,360, depreciation expense of $4,120, and taxes of $27,480. What is the firm's Operating Cash Flow (OCF)? A) $55,760 B) $57,460 C) $52,700 D) $56,480

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 10P: The Moore Corporation has operating income (EBIT) of 750,000. The companys depreciation expense is...
icon
Related questions
Question

what is the firm's operating cash flow (OCF)?

A company with no debt has a net income of
$52,360, depreciation expense of $4,120,
and taxes of $27,480.
What is the firm's Operating Cash Flow
(OCF)?
A) $55,760
B) $57,460
C) $52,700
D) $56,480
Transcribed Image Text:A company with no debt has a net income of $52,360, depreciation expense of $4,120, and taxes of $27,480. What is the firm's Operating Cash Flow (OCF)? A) $55,760 B) $57,460 C) $52,700 D) $56,480
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer