Question: ABC CO. reported the following items, how much should the operating cash flow be? Sales $250,000 Cost of Goods Sold $100,000 Operating expenses $70,000 Depreciation
ABC CO. reported the following items, how much should the operating cash flow be?
| Sales | $250,000 |
| Cost of Goods Sold | $100,000 |
| Operating expenses | $70,000 |
| Depreciation expense | $10,000 |
| Tax rate | 40% |
| Increase in Accounts Receivable | $20,000 |
| Decrease in Accounts Payable | $5,000 |
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