Timsung, Inc., has sales of $30,700, costs of $11,100, depreciation expense of $2,100, and interest expense of

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Timsung, Inc., has sales of $30,700, costs of $11,100, depreciation expense of $2,100, and interest expense of $1,140. If the tax rate is 40 percent, what is the operating cash flow, or OCF?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

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Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Question Posted: Apr 02, 2018 09:12 AM

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Timsung, Inc., has sales of $30,700, costs of $11,100, depreciation expense of $2,100, and interest expense of

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

Corporate Finance Core Principles and Applications

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