An all-equity firm has a net income of $46,420, depreciation of $3,758, and taxes of $23,915. What is the firm's operating cash flow? A. $47,850 B. $51,950 C. $46,250 D. $50,178 E. $46,750
An all-equity firm has a net income of $46,420, depreciation of $3,758, and taxes of $23,915. What is the firm's operating cash flow? A. $47,850 B. $51,950 C. $46,250 D. $50,178 E. $46,750
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:An all-equity firm has a net income of $46,420,
depreciation of $3,758, and taxes of $23,915. What is the
firm's operating cash flow?
A. $47,850
B. $51,950
C. $46,250
D. $50,178
E. $46,750
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