Chapter 16, Problem 10E

Given step by step explanation with general accounting question

need answer of this general accounting

General accounting

Calculate the operating cash flow

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Sterra, Inc. has sales of $55,000, costs of $26,800, and a depreciation expense of $2,400. If the tax rate is 25 percent, what is the operating cash flow, or OCF? Need help

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What is its net income of this financial accounting question?

Sterra, Inc. has sales of $55,000, costs of $26,800, and a depreciation expense of $2,400. If the tax rate is 25 percent, what is the operating cash flow, or OCF? Correct answer