Pineapple Express has selling and administrative expenses of $2,618,costs of goods sold of $24,318,depreciation of $915,and an interest expense of $520.The firm paid $150 in dividends and added $384 to retained earnings for the year.What is the firm's operating cash flow if the tax rate is 35 percent? What is the operating cash flow?
A) $1,823.14
B) $2,072.12
C) $1,969.00
D) $2,516.48
E) $2,208.15
Correct Answer:
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