Asked by John B
What is the 1 year operating cash flow?
Sales $33,000
Depreciation $10,000
Other operating costs $17,000
Interest expense $4,000
Tax rate 35%
Sales $33,000
Depreciation $10,000
Other operating costs $17,000
Interest expense $4,000
Tax rate 35%
Answers
Answered by
John B
This is John B. did I answer this correctly?
33000 - 10,000 - 17000 - 4000 = 2000 @35% = 700 or a net profit of 1300. Now add back the depreciation of $10,000 to get $11,300
33000 - 10,000 - 17000 - 4000 = 2000 @35% = 700 or a net profit of 1300. Now add back the depreciation of $10,000 to get $11,300
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