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Westfield Energy has total sales of $2,465,000 and costs of $1,758,000. Depreciation is $78,500 and the tax rate is 30 percent. The firm does not have any interest expenses. Required: What is the operating cash flow?

Westfield Energy has total sales of $2,465,000 and costs of $1,758,000. Depreciation is $78,500 and the tax rate is 30 percent. The firm does not have any interest expenses. Required: What is the operating cash flow?

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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Westfield Energy has total sales of $2,465,000 and costs of $1,758,000. Depreciation is $78,500 and the tax rate is 30 percent. The firm does not have any interest expenses. Required: What is the operating cash flow?
Transcribed Image Text:Westfield Energy has total sales of $2,465,000 and costs of $1,758,000. Depreciation is $78,500 and the tax rate is 30 percent. The firm does not have any interest expenses. Required: What is the operating cash flow?
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