High Towers, Inc., has sales of $665,000, costs of $248,000, depreciation expense of $25,000, and interest...

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High Towers, Inc., has sales of $665,000, costs of $248,000, depreciation expense of $25,000, and interest expense of $21,000. If the tax rate is 33 percent, the operating cash flow, or OCF, is $ your answer to the nearest whole dollar amount. Do not include the dollar sign ($).) Your Answer: 2 . (Round High Towers, Inc., has sales of $665,000, costs of $248,000, depreciation expense of $25,000, and interest expense of $21,000. If the tax rate is 33 percent, the operating cash flow, or OCF, is $ your answer to the nearest whole dollar amount. Do not include the dollar sign ($).) Your Answer: 2 . (Round

Answer rating: 100% (QA)

To calculate the operating cash flow OCF you can use the following formula OCF Sales Costs Deprecia... View the full answer