Daniel's Market has sales of $36,000, costs of$28,000, depreciation expense of $3,000, andinterest expense of $1,500. If the tax rate is 30percent, what is the operating cash flow, OCF?

To calculate the Operating Cash Flow (OCF), we use the formula: OCF = (Sales − Costs) × (1 − Tax…

Answered: Daniel's Market has sales of $36,000,…

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter2: Financial Statements, Cash Flow,and Taxes

Section: Chapter Questions

Problem 9P: Carter Swimming Pools has $16 million in net operating profit after taxes (NOPAT) in the current...

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Daniel's Market has sales of $36,000, costs of $28,000, depreciation expense of $3,000, and interest expense of $1,500. If the tax rate is 30 percent, what is the operating cash flow, OCF?