An all-equity firm has a net income of $55,300, depreciation of $4,600, and taxes of $28,500. What is the firm's operating cash flow? A. $59,900 B. $58,900 C. $56,850 D. $54,600 E. $60,200

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 7EB: Assume Plainfield Manufacturing has debt of $6,500,000 with a cost of capital of 9.5% and equity of...
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An all-equity firm has a net income of $55,300,
depreciation of $4,600, and taxes of $28,500.
What is the firm's operating cash flow?
A. $59,900
B. $58,900
C. $56,850
D. $54,600
E. $60,200
Transcribed Image Text:An all-equity firm has a net income of $55,300, depreciation of $4,600, and taxes of $28,500. What is the firm's operating cash flow? A. $59,900 B. $58,900 C. $56,850 D. $54,600 E. $60,200
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