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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

Respuesta :

Cricetus

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:

= [tex]Net \ income +Depreciation[/tex]

By putting the values, we get

= [tex]259+110[/tex]

= [tex]369[/tex]

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