Your company has total sales of $3,800. Operating costs are $1,650, excluding depreciation and taxes, and operating-related depreciation is $450. The tax rate is 30%. What is the operating cash flow?
Your company has total sales of $3,800. Operating costs are $1,650, excluding depreciation and taxes, and operating-related depreciation is $450. The tax rate is 30%. What is the 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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Transcribed Image Text:Your company has total sales of $3,800. Operating costs are $1,650, excluding
depreciation and taxes, and operating-related depreciation is $450. The tax
rate is 30%. What is the operating cash flow?
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