Homework Help is Here – Start Your Trial Now!
Business
Accounting
HyperCore Solutions has sales of $350,000, costs of goods sold of $280,000, depreciation expense of $42,500, and interest expense of $15,000. The company's tax rate is 25%. Calculate its operating cash flow (OCF).

HyperCore Solutions has sales of $350,000, costs of goods sold of $280,000, depreciation expense of $42,500, and interest expense of $15,000. The company's tax rate is 25%. Calculate its operating cash flow (OCF).

Intermediate Financial Management (MindTap Course List)
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...
See similar textbooks
icon
Related questions
Question

Calculate it's opreting cash flow?

HyperCore Solutions has sales of $350,000, costs of goods sold of $280,000, depreciation expense of $42,500, and interest expense of $15,000. The company's tax rate is 25%. Calculate its operating cash flow (OCF).
Transcribed Image Text:HyperCore Solutions has sales of $350,000, costs of goods sold of $280,000, depreciation expense of $42,500, and interest expense of $15,000. The company's tax rate is 25%. Calculate its operating cash flow (OCF).
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Financial Management (MindTap Course…
Intermediate Financial Management (MindTap Course…
Finance
ISBN:
9781337395083
Author:
Eugene F. Brigham, Phillip R. Daves
Publisher:
Cengage Learning
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
SEE MORE TEXTBOOKS