1. Business
  2. Finance
  3. hot and cold has annual sales of 847000 annual depreciation...

Question: hot and cold has annual sales of 847000 annual depreciation...

Question details

Hot and Cold has annual sales of $847,000, annual depreciation of $47,000, and net working capital of $43,000. The tax rate is 21 percent and the profit margin is 7.3 percent. The firm has no interest expense. What is the amount of the operating cash flow?

  • $168,480

  • $14,831

  • $155,831

  • $108,831

  • $121,220

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution