None Operating cash flow. Find the operating cash flow for the year for Harper Brothers, Inc. if it had sales revenue of $303,400,000, cost of goods sold of $139,600,000, sales andadministrative costs of $39,700,000, depreciation expense of $68,900,000, and a tax rate of 40%.The operating cash flow is $(Round to the nearest dollar.)

Sales revenue is the total amount of money generated from selling goods or services before any…

Answered: Operating cash flow. Find the operating…

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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Foraker Inc. has sales of $46,200, costs of $23,100, depreciation expense of $2200, and interest expense of $1700. If tax rate is 22%, the operating cash flow (OCF) is:

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