Riverdale Manufacturing has total sales of $2,800 and costs of $1,450. Depreciation expense is $320 and the tax rate is 28 percent. The company has no interest expense. What is Riverdale's operating cash flow?

Riverdale Manufacturing has total sales of $2,800 and costs of $1,450. Depreciation expense is $320 and the tax rate is 28 percent. The company has no interest expense. What is Riverdale's operating cash flow?

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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Don't used ai solution please given answer general accounting question

Riverdale Manufacturing has total sales of $2,800 and costs of
$1,450. Depreciation expense is $320 and the tax rate is 28
percent. The company has no interest expense. What is
Riverdale's operating cash flow?

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