Gustav's best friend, Garfield, owns a lasagna factory. Garfield's financial skills are not very strong, so he asked Gustav to take a look at his financials. Here is the information Garfield provided to Gustav for 2019.

Sales were $49000;
COGS were $17000;
Depreciation was $2900;
Interest paid was $400;
Tax rate was 35%
The paid dividends were $400.
Compute the operating cash flow for this company.

Answer rating: 100% (QA)

To compute the operating cash flow we need to use the follo... View the full answer