Bob's Burgers had sales of $650,000 last year with a cost of sales of 35% of sales
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Question:
Bob's Burgers had sales of $650,000 last year with a cost of sales of 35% of sales and depreciation of $120,000. His interest expense was $40,000 and his operating costs were $180,000. If your tax rate was 40%, calculate what was your operating cash flow?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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