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Re: None

Monday, 03/25/2013 10:30:22 PM

Monday, March 25, 2013 10:30:22 PM

Post# of 116
Another question. Anyone know the answer?

During 2010, Raines Umbrella Corp. had sales of $720,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $500,000, $90,000, and $85,000, respectively. In addition, the company had an interest expense of $90,000 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions.)

What is its operating cash flow?

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