Generate General Question Phoenix Energy has total sales of$2,512,400 and costs of $1,675,300.Depreciation is $75,800, and the tax rateis 30 percent. The firm does not have anyinterest expenses. What is the operatingcash flow?

To calculate the operating cash flow (OCF) for Phoenix Energy, let's break down the steps in detail.…

Answered: Phoenix Energy has total sales of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Phoenix Energy has total sales of $2,512,400 and costs of $1,675,300. Depreciation is $75,800, and the tax rate is 30 percent. The firm does not have any interest expenses. What is the operating cash flow?