Solved

The Pretzel Factory Has Net Sales of $821,300 and Costs

Question 82

Multiple Choice

The Pretzel Factory has net sales of $821,300 and costs of $698,500.The depreciation expense is $28,400 and the interest paid is $8,400.What is the amount of the firm's operating cash flow if the tax rate is 34 percent?


A) $87,620
B) $89,540
C) $91,220
D) $93,560
E) $95,240

Correct Answer:

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