The Windom Co. has sales of $845,960, costs of $578,402, interest expense of $42,750, and a marginal tax rate of 35%. The company also has $1,299,998 in fixed assets that are being depreciated in a 15% CCA class (you may assume that the ½ year rule has been applied to all of the assets in the pool in the past). What is the operating cash flow for the current year?

Answer rating: 100% (QA)

To calculate the operating cash flow for the current year we need to start with the earnings before ... View the full answer