Peter's Boats has sales of €760,000 and a proﬁt margin of 5%.The annual depreciation expense is €80,000.What is the amount of the operating cash ﬂow if the company has no long-term debt?

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The Answer of Peter's Boats has sales of €760,000 and a proﬁt margin of 5%.The annual depreciation expense is €80,000.What is the amount of the operating cash ﬂow if the company has no long-term debt?

Peter's Boats Has Sales of €760,000 and a Proﬁt Margin