Taurus Inc, has sales of $540,000, costs of $225,150, depreciation expense of $48,400, interest expense of $37,000, other expenses of $3100 and the tax rate of 34%. What is the operating cash flow for this firm? Select one: a.$295,009 b.$263,350 c.$237,891 d.$254,909

Taurus Inc, has sales of $540,000, costs of $225,150, depreciation expense of $48,400, interest expense of $37,000, other expenses of $3100 and the tax rate of 34%. What is the operating cash flow for this firm? Select one: a.$295,009 b.$263,350 c.$237,891 d.$254,909

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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Taurus Inc, has sales of $540,000, costs of $225,150, depreciation expense of $48,400, interest expense of $37,000, other expenses of $3100 and the tax rate of 34%.
What is the operating cash flow for this firm?
Select one:
a.$295,009
b.$263,350
c.$237,891
d.$254,909

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