Your firm has net income of $329 on total sales of $1,340. Costs are $740 and depreciation is $130. The tax rate is 30 percent. The firm does not have interest expenses. What is the operating cash flow? a. $459 b. $470 c. $329 d. $799 e. $600

Your firm has net income of $329 on total sales of $1,340. Costs are $740 and depreciation is $130. The tax rate is 30 percent. The firm does not have interest expenses. What is the operating cash flow? a. $459 b. $470 c. $329 d. $799 e. $600

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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Your firm has net income of $329 on total sales of $1,340. Costs
are $740 and depreciation is $130. The tax rate is 30 percent.
The firm does not have interest expenses. What is the operating
cash flow?
a. $459
b. $470
c. $329
d. $799
e. $600

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