Use the following data for the questions below: Income Statement Rubble Gold Corp. For the period January 1 - December 31, 2021 Revenues $24,400 Cost of Goods Sold $18,000 Gross Margin $6,400 Depreciation expense $2,000 EBIT $4,400 Interest $400 Income Tax $1,000 Net Income $3,000 Dividends Paid $1,200 Retained Earnings $1,800 Balance Sheet Rubble Gold Corp. December 31, 2021 2021 2020 2021 2020 Current Assets $6,200 $4,000 Current Liabilities $3,600 $3,000 Long Term Debt $4,500 $4,000 Net Fixed Assets $16,800 $16,000 Owner's Equity Common Stock 1,100 1,000 Retained Earnings $13,800 $12,000 Total Assets $23,000 $20,000 Total Liabilities & O.E. $23,000 $20,000 Operating cash flow for Rubble Gold is equal to

Answer rating: 100% (QA)

To calculate the operating cash flow OCF for Rubble Gold Corp we can use ... View the full answer