Question: can u explain each step, preferably with just math not a chart Jetson Spacecraft Corp, shows the following information on its 2019 income statement: sales
can u explain each step, preferably with just math not a chart
Jetson Spacecraft Corp, shows the following information on its 2019 income statement: sales =$214,000;costs=$91,000; other expenses =$6,100; depreciation expense =$9,100; interest expense =$13,300; taxes =$37,800; dividends =$10,100. In addition, you're told that the furm issued $7,900 in new equity during 2019 and redeemed $9,500 in outstanding long-term debt. What is the 2019 operating cash flow? Hint OCF=EBIT+ Depreciation - Taxes. $107,800 $56,700 $79,100 $116,900 $94,500
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