Benson, Inc., has sales of $42,030, costs of $13,650, depreciation expense of $2,950, and interest expense of $2,150. The tax rate is 25 percent. What is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Operating cash flow
Benson, Inc., has sales of $42,030, costs of $13,650, depreciation expense of $2,950, and interest expense of $2,150. The tax rate is 25 percent. What is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Operating cash flow
Benson, Inc., has sales of $42,030, costs of $13,650, depreciation expense of $2,950, and interest expense of $2,150. The tax rate is 25 percent. What is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Operating cash flow
Transcribed Image Text:Question 5 - HW2 - Connec
Channel content - YouTube Stud X
7120 X
nheducation.com/ext/map/index.htm n xternal_browser%3D0&launchUrl=https%253A%252F%252FIM:
Saved
Benson, Inc., has sales of $42,030, costs of $13,650, depreciation expense of $2,950,
and interest expense of $2,150. The tax rate is 25 percent.
What is the operating cash flow, or OCF? (Do not round intermediate calculations and
round your answer to the nearest whole number, e.g., 32.)
Operating cash flow
< Prev
5 of 7
...
Next >
...
to search
64°F
Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
