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Ridiculousness, Inc., has sales of $49,000, costs of $26,000, depreciation expense of $1,500, and interest expense of $1,800. If the tax rate is 35 percent, what is the operating cash flow, or OCF?

Ridiculousness, Inc., has sales of $49,000, costs of $26,000, depreciation expense of $1,500, and interest expense of $1,800. If the tax rate is 35 percent, what is the operating cash flow, or 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...
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Ridiculousness, Inc., has sales of $49,000, costs of $26,000, depreciation expense of $1,500, and interest expense of $1,800. If the tax rate is 35 percent, what is the operating cash flow, or OCF?
Transcribed Image Text:Ridiculousness, Inc., has sales of $49,000, costs of $26,000, depreciation expense of $1,500, and interest expense of $1,800. If the tax rate is 35 percent, what is the operating cash flow, or OCF?
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