An all-equity firm reports a net income of $38,250, depreciation expense of $5,640, and taxes of $18,920. What is the Operating Cash Flow (OCF)? A) $41,500 B) $44,450 C) $43,890 D) $42,900

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...
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What is the operating cash flow (OCF)?

An all-equity firm reports a net income of
$38,250, depreciation expense of $5,640,
and taxes of $18,920.
What is the Operating Cash Flow (OCF)?
A) $41,500
B) $44,450
C) $43,890
D) $42,900
Transcribed Image Text:An all-equity firm reports a net income of $38,250, depreciation expense of $5,640, and taxes of $18,920. What is the Operating Cash Flow (OCF)? A) $41,500 B) $44,450 C) $43,890 D) $42,900
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