Delta Energy has total sales of $1,500 and costs of $850. Depreciation is $175 and the tax rate is 30 percent. The firm does not have any interest expense. What is the operating cash flow? a. $420 b. $445 c. $480 d. $507.5

Delta Energy has total sales of $1,500 and costs of $850. Depreciation is $175 and the tax rate is 30 percent. The firm does not have any interest expense. What is the operating cash flow? a. $420 b. $445 c. $480 d. $507.5

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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Delta enrgy has total sales solution this general accounting question

Delta Energy has total sales of $1,500 and costs of $850.
Depreciation is $175 and the tax rate is 30 percent. The firm
does not have any interest expense. What is the operating
cash flow?
a. $420
b. $445
c. $480
d. $507.5

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