come Statement Sales GS perating Expenses cludes $298,400 in depreciation) crest and Other Expenses 2017 $ 15,300,000 $ 9,187,900 S 4,726,900 S 348,500 445 700 Adjustment -AAR -AAP +A Inventory -A Op Accruals +& Prepaids -A Depreciation -A Acer Interest -A Accrued Taxes S $ S S S S S 333,900 (105,100) 700,600 (169,600) (29,500) S 298,400 S $ 4,568,600 348,500 445,700
come Statement Sales GS perating Expenses cludes $298,400 in depreciation) crest and Other Expenses 2017 $ 15,300,000 $ 9,187,900 S 4,726,900 S 348,500 445 700 Adjustment -AAR -AAP +A Inventory -A Op Accruals +& Prepaids -A Depreciation -A Acer Interest -A Accrued Taxes S $ S S S S S 333,900 (105,100) 700,600 (169,600) (29,500) S 298,400 S $ 4,568,600 348,500 445,700
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question

Transcribed Image Text:4 Listen
Using the partially completed chart below, what was operating cash flow for the firm in
2017?
Income Statement
Sales
CGS
Operating Expenses
(includes $298,400 in depreciation)
Interest and Other Expenses
Taxes
Net Profit
$591,000
($376,700)
($390,300)
($973,500)
$
$
2017
15,300,000
9,187,900
$ 4,726,900
$ 348,500
S
445,700
$
591,000
Adjustment
-AAR
-AAP
+A Inventory
-A Op Accruals
+& Prepaids
-A Depreciation
-A Acer Interest
-A Accrued Taxes
Operating Cash Flow
S
S
S
S
S
Change
S
333,900
(105,100)
700,600
(169,600)
Cash Flow
(29,500) $
298,400
S
$
4,568,600
348,500
445,700
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