Your firm has total sales of $1,700. Operating Costsare $745, excluding depreciation and taxes, and operating-related depreciation is $155. The tax rate is 20%. What is theoperating cash flow?A. $460.B. $600.C. $640.D. $800.E. $955.

Step 1:Given:Total Sales = $1,700Total cost = $745Depreciation = $155 Solve:Profit before tax =…

Answered: Your firm has total sales of $1,700.…

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 11P: The Berndt Corporation expects to have sales of 12 million. Costs other than depreciation are...

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Your firm has total sales of $1,700. Operating Costs are $745, excluding depreciation and taxes, and operating- related depreciation is $155. The tax rate is 20%. What is the operating cash flow? A. $460. B. $600. C. $640. D. $800. E. $955.