Need correct answer Blue Sky Airlines had sales revenue of $200,000,000, cost of goods sold of $90,000,000, salesand administrative costs of $25,000,000, depreciation expense of $20,000,000, and a tax rate of35%. What is the operating cash flow for the year? A company generated $192.64 million insales revenue, with accounts receivable increasing by $26.78 million. The company alsoprocessed a customer return worth $3.15 million. How much cash was received from customers?Options:a. $165.86 millionb. $197.34 millionc. $209.57 milliond. $190.42 million

Part 1: Operating Cash Flow for Blue Sky AirlinesTo calculate the operating cash flow, use the…

Answered: Blue Sky Airlines had sales revenue of…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 5EB: During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of...

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Disturbed, Incorporated, had the following operating results for the past year: sales = $22,563; depreciation = $1,360; interest expense = $1,096; costs = $16,515. The tax rate for the year was 23 percent. What was the company's operating cash flow?
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