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)
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...
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

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
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning