The Pancake House Has Sales of $1,642,000,depreciation of $27,000,and Net

Multiple Choice

The Pancake House has sales of $1,642,000,depreciation of $27,000,and net working capital of $218,000.The firm has a tax rate of 35 percent and a profit margin of 6 percent.The firm has no interest expense.What is the amount of the operating cash flow?

A) $98,520
B) $125,520
C) $147,480
D) $268,480
E) $343,520