Edison Bagels had operating cash flow equal to $850 for 2012.If its earnings before interest and taxes was $1,000 while its tax bill was $300,what was Edison's depreciation expense for the year?

Name: Edison Bagels had operating cash flow equal to $850 for 2012.If its earnings before interest and taxes was $1,000 while its tax bill was $300,what was Edison's depreciation expense for the year?
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Question

Quizplus · Accepted Answer

OCF = EBIT - Taxes + Depreciation
850 = 1,000 - 300 + Depreciation
150 = Depreciation

Edison Bagels Had Operating Cash Flow Equal to $850 for 2012.If