Williams Enterprises reported the following for the year: sales revenue of $95,000,000, cost of goods sold of $42,000,000, sales and administrative costs of $8,200,000, depreciation expense of $10,000,000, and a tax rate of 28%. Calculate the operating cash flow for the year.

Williams Enterprises reported the following for the year: sales revenue of $95,000,000, cost of goods sold of $42,000,000, sales and administrative costs of $8,200,000, depreciation expense of $10,000,000, and a tax rate of 28%. Calculate the operating cash flow for the year.

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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100%

Calculate the operating cash flow for the year on these financial accounting question

Williams Enterprises reported the following for the
year: sales revenue of $95,000,000, cost of goods
sold of $42,000,000, sales and administrative costs
of $8,200,000, depreciation expense of $10,000,000,
and a tax rate of 28%. Calculate the operating cash
flow for the year.

Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).

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