Cascade Corporation had sales revenue of $220,000,000, cost of goods sold of $102,000,000, sales and administrative costs of $32,000,000, depreciation expense of $24,000,000, and a tax rate of 25%. What is the operating cash flow for the year?

Cascade Corporation had sales revenue of $220,000,000, cost of goods sold of $102,000,000, sales and administrative costs of $32,000,000, depreciation expense of $24,000,000, and a tax rate of 25%. What is the operating cash flow for the year?

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 11P: The Berndt Corporation expects to have sales of 12 million. Costs other than depreciation are...

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Don't use ai given answer and general accounting

Cascade Corporation had sales revenue of $220,000,000, cost of goods sold of
$102,000,000, sales and administrative costs of $32,000,000, depreciation
expense of $24,000,000, and a tax rate of 25%. What is the operating cash flow
for the year?

Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.

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