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Vlad [161]
3 years ago
6

Your firm has net income of $259 on total sales of $1,100. Costs are $620 and depreciation is $110. The tax rate is 30 percent.

The firm does not have interest expenses. What is the operating cash flow
Business
1 answer:
ser-zykov [4K]3 years ago
3 0

Answer:

The correct approach is "369".

Explanation:

The given values are:

Net income (NI),

= $259

Total sales,

= $1,100

Depreciation (Dep),

= $110

Tax rate,

= 30%

Now,

The operation cash flow will be:

= Net \ income +Depreciation

By putting the values, we get

= 259+110

= 369

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