Revenue is $100,000, COGS is $40,000, Sales, General, and Administrative expense (SGA) is $15,000, depreciation expense is $15,000. Assume no interest expense and a tax rate of 35%. What is the operating cash flow (OCF)? Multiple Choice $19,500 $25,200 $45,000 $34,500

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 11P: The Berndt Corporation expects to have sales of 12 million. Costs other than depreciation are...
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Revenue is $100,000, COGS is $40,000, Sales, General, and Administrative expense (SGA) is $15,000, depreciation expense is
$15,000. Assume no interest expense and a tax rate of 35%. What is the operating cash flow (OCF)?
Multiple Choice
$19,500
$25,200
$45,000
$34,500
Transcribed Image Text:Revenue is $100,000, COGS is $40,000, Sales, General, and Administrative expense (SGA) is $15,000, depreciation expense is $15,000. Assume no interest expense and a tax rate of 35%. What is the operating cash flow (OCF)? Multiple Choice $19,500 $25,200 $45,000 $34,500
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