Consider the following income statement:   Sales    $909,407                               Costs   484,977                                   Depreciation    149,723                                   Taxes  0.28                Calculate OCF.

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
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Consider the following income statement:

  Sales    $909,407                            

  Costs   484,977                                

  Depreciation    149,723                                

  Taxes  0.28               

Calculate OCF.

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