Calculating OCF Prather, Inc., has sales of $14,200, costs of $5,600, depreciation expense of $1,200, and interest

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Calculating OCF Prather, Inc., has sales of $14,200, costs of $5,600, depreciation expense of $1,200, and interest expense of $680. If the tax rate is 35 percent, what is the operating cash flow, or OCF?

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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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Question Posted: Apr 26, 2011 03:29 AM

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Calculating OCF Prather, Inc., has sales of $14,200, costs of $5,600, depreciation expense of $1,200, and interest

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To calculate OCF we first need the income state...View the full answer

Fundamentals of Corporate Finance

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