Question: Operating cash flow is wrong look - Graff, Inc., has sales of $49,800, costs of $23,700, depreciation expense of $2,300, and interest expense of $1,800.
Operating cash flow is wrong look - Graff, Inc., has sales of $49,800, costs of $23,700, depreciation expense of $2,300, and interest expense of $1,800. If the tax rate is 22 percent, what is the operating cash flow, or OCF? Input area: Sales $49,800 Costs $23,700 Depreciation Expense $2,300 Interest Expense $1,800 Tax rate 22% (Use cells A6 to B10 from the given information to complete this question.) Output area: Sales $49,800 Costs $23,700 Depreciation expense $2,300 EBIT $23,800 Interest expense $1,800 EBT $22,000 Taxes (22%) 4,840 Net income $17,160 Operating cash flow $19,460 WRONG
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