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    Corporate Finance Study Set 11
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    Exam 3: Financial Statement Analysis
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    Your fiRm Has Net Income of £198 on Total Sales
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Your fiRm Has Net Income of £198 on Total Sales

Question 33

Question 33

Multiple Choice

Your firm has net income of £198 on total sales of £1,200.Costs are £715 and depreciation is £145.The tax rate is 34%. The firm does not have interest expenses.What is the operating cash flow?


A) £93
B) £241
C) £340
D) £383
E) £485

Correct Answer:

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