Schwert Corp. shows the following information on its 2015 income statement: sales = $215,000; costs =$117,000; other expenses= $6,700; depreciation expense = $18,400; interest expense = $10,000; taxes =$25,370; dividends = $9500. What is the 2015 operating cash flow? Show your work.%3!%3D

Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Schwert Corp. shows the following information on its 2015 income statement: sales = $215,000; costs = $117,000; other expenses= $6,700; depreciation expense = $25,370; dividends = $9500. What is the 2015 operating cash flow? Show your work. %3D $18,400; interest expense = S10,000; taxes = %3D %3D

Schwert Corp. shows the following information on its 2015 income statement: sales = $215,000; costs = $117,000; other expenses= $6,700; depreciation expense = $25,370; dividends = $9500. What is the 2015 operating cash flow? Show your work. %3D $18,400; interest expense = S10,000; taxes = %3D %3D

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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Question

Schwert Corp. shows the following information on its 2015 income statement: sales = $215,000; costs =
$117,000; other expenses= $6,700; depreciation expense = $18,400; interest expense = $10,000; taxes =
$25,370; dividends = $9500. What is the 2015 operating cash flow? Show your work.
%3!
%3D

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