Donegal's has compiled the following information: Sales $406,300 Interest paid 21,200 Long-term debt 248,700 Owner's equity 211,515 Depreciation 23,800 Accounts receivable 24,400 Other costs 38,600 Inventory 41,500 Accounts payable 22,600 Costs of goods sold 218,900 Cash Taxes 16,300 34,100 What is the operating cash flow for the year? A. $90,900 B. $96,700 C. $114,700 D. $93,500 E. $102,600

Donegal's has compiled the following information: Sales $406,300 Interest paid 21,200 Long-term debt 248,700 Owner's equity 211,515 Depreciation 23,800 Accounts receivable 24,400 Other costs 38,600 Inventory 41,500 Accounts payable 22,600 Costs of goods sold 218,900 Cash Taxes 16,300 34,100 What is the operating cash flow for the year? A. $90,900 B. $96,700 C. $114,700 D. $93,500 E. $102,600

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 6MCQ

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