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
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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!