Your firm has net income of $387 on total sales of $1,360. Costs are $750 and depreciation is $120. The tax rate is 21 p

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answerhappygod
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Your firm has net income of $387 on total sales of $1,360. Costs are $750 and depreciation is $120. The tax rate is 21 p

Post by answerhappygod »

Your firm has net income of $387 on total sales of $1,360. Costs
are $750 and depreciation is $120. The tax rate is 21 percent. The
firm does not have interest expenses. What is the operating cash
flow?
a.
$490
b.
$507
c.
$610
d.
$877
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