Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN: 9781337395083
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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What is the opereting cash flow? General accounting

Daniel's Market has sales of $36,000, costs of
$28,000, depreciation expense of $3,000, and
interest expense of $1,500. If the tax rate is 30
percent, what is the operating cash flow, OCF?
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Transcribed Image Text:Daniel's Market has sales of $36,000, costs of $28,000, depreciation expense of $3,000, and interest expense of $1,500. If the tax rate is 30 percent, what is the operating cash flow, OCF?
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