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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Please provide problem with correct answer accounting
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F88e8f1e3-77cc-44fe-b6ce-bb9ed0e1db42%2Fdca58123-1d34-41d2-a0f5-cc3ed65954fa%2F86tuhq4_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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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