For the past year, A firm has sales of $46,772, interest expense of $4,010, cost of...

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For the past year, A firm has sales of $46,772, interest expense of $4,010, cost of goods sold of $17,009, selling and administrative expense of $11,956, and depreciation of $6,705. If the tax rate is 21 percent, what is the operating cash flow? O $16,318 O $13,597 O $4,255 O $16,960 For the past year, A firm has sales of $46,772, interest expense of $4,010, cost of goods sold of $17,009, selling and administrative expense of $11,956, and depreciation of $6,705. If the tax rate is 21 percent, what is the operating cash flow? O $16,318 O $13,597 O $4,255 O $16,960

Answer rating: 100% (QA)

To calculate the operating cash flow we use the formula Operating Cash Flow OCF ... View the full answer