If Net Income = $46,750, Depreciation Expense = $20,000, Interest

question 62

Multiple Choice

If net income = $46,750, depreciation expense = $20,000, interest expense = $10,000, and the tax rate = 15%, what is operating cash flow?

• A) $21,250
• B) $72,250
• C) $76,750
• D) $85,250
• E) $93,350

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Definitions:

IQ

Intelligence quotient, a measure of a person's cognitive abilities in relation to their age group.

Superior Verbal

Describes individuals who have exceptionally good skills in expressing themselves using language.

Mathematical Talent

Exceptional ability or skill in understanding and solving mathematical problems.

IQ

An abbreviation for Intelligence Quotient, a score derived from standardised tests designed to measure human intelligence and cognitive abilities.