Your company reports a net income of $410 on total sales of $1,600. The total costs incurred are $900, and depreciation expense amounts to $150. The corporate tax rate is 30%, and the firm does not have any interest expenses. What is the operating cash flow? a. $560 b. $570 c. $410 d. $950 e. $700

Your company reports a net income of $410 on total sales of $1,600. The total costs incurred are $900, and depreciation expense amounts to $150. The corporate tax rate is 30%, and the firm does not have any interest expenses. What is the operating cash flow? a. $560 b. $570 c. $410 d. $950 e. $700

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 10P: The Moore Corporation has operating income (EBIT) of 750,000. The companys depreciation expense is...

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Question

What is the operating cash flow? General accounting question

Your company reports a net income of $410 on total sales of $1,600. The total costs
incurred are $900, and depreciation expense amounts to $150. The corporate tax rate
is 30%, and the firm does not have any interest expenses.
What is the operating cash flow?
a. $560
b. $570
c. $410
d. $950
e. $700

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