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

question 51

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