The Pretzel Factory has net sales of $821,300 and costs of $698,500. The depreciation expense is $28,400 and the interest paid is $8,400. What is the amount of the firm's operating cash flow if the tax rate is 34 percent? a. $87,620 b. $89,540 c. $91,220 d. $93,560 e. $95,240

The Pretzel Factory has net sales of $821,300 and costs of $698,500. The depreciation expense is $28,400 and the interest paid is $8,400. What is the amount of the firm's operating cash flow if the tax rate is 34 percent? a. $87,620 b. $89,540 c. $91,220 d. $93,560 e. $95,240

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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Question

Opereting cash flow if the tax rate in 34 percent? Provide answer

The Pretzel Factory has net sales of $821,300 and
costs of $698,500. The depreciation expense is
$28,400 and the interest paid is $8,400. What is the
amount of the firm's operating cash flow if the tax
rate is 34 percent?
a. $87,620
b. $89,540
c. $91,220
d. $93,560
e. $95,240

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