Homework Help is Here – Start Your Trial Now!
Business
Accounting
Alpine Industries had sales revenue of $180,000,000, cost of goods sold of $85,000,000, sales and administrative costs of $25,000,000, depreciation expense of $18,000,000, and a tax rate of 30%. What is the operating cash flow for the year?

Alpine Industries had sales revenue of $180,000,000, cost of goods sold of $85,000,000, sales and administrative costs of $25,000,000, depreciation expense of $18,000,000, and a tax rate of 30%. What is the operating cash flow for the year?

Intermediate Financial Management (MindTap Course List)
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 11P: The Berndt Corporation expects to have sales of 12 million. Costs other than depreciation are...
See similar textbooks
icon
Related questions
Question
100%

Don't use ai given answer accounting questions

Alpine Industries had sales revenue of $180,000,000, cost of goods sold of $85,000,000, sales and administrative costs of $25,000,000, depreciation expense of $18,000,000, and a tax rate of 30%. What is the operating cash flow for the year?
Transcribed Image Text:Alpine Industries had sales revenue of $180,000,000, cost of goods sold of $85,000,000, sales and administrative costs of $25,000,000, depreciation expense of $18,000,000, and a tax rate of 30%. What is the operating cash flow for the year?
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Financial Management (MindTap Course…
Intermediate Financial Management (MindTap Course…
Finance
ISBN:
9781337395083
Author:
Eugene F. Brigham, Phillip R. Daves
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS