Need answer the question Find the operating cash flow for the year for Robinsonand Sons if it had sales revenue of $80,000,000, cost ofgoods sold of $35,000,000, sales and administrativecosts of $6,400,000, depreciation expense of$7,600,000, and a tax rate of 30%.

Step 1: Define Operating Cash FlowA financial indicator called operating cash flow shows how much…

Answered: Find the operating cash flow for the…

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter21: Supply Chains And Working Capital Management

Section: Chapter Questions

Problem 3MC

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What is the operating cash flow?
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?
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Find the operating cash flow for the year for Robinson and Sons if it had sales revenue of $80,000,000, cost of goods sold of $35,000,000, sales and administrative costs of $6,400,000, depreciation expense of $7,600,000, and a tax rate of 30%.