Solved

Your Firm Has Net Income of $198 on Total Sales

Question 83

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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