Your business has a net profit of $315 on total sales of $1,260. Costs are $700 and

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Your business has a net profit of $315 on total sales of $1,260. Costs are $700 and depreciation is $110. The tax rate is 30 percent. The company has no interest expense. What is the operating cash flow?

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Horngrens Accounting

ISBN: 978-0134674681

12th edition

Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: May 27, 2023 09:36 AM

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Your business has a net profit of $315 on total sales of $1,260. Costs are $700 and

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To calculate the operating cash flow we need to start with the net profit and make adjustm... View the full answer

Horngrens Accounting

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