Thaler & Co

question 111

Multiple Choice

Thaler & Co. anticipates an increase of $1,000,000 in Net Operating Income from first year sales of a new product. Taxes will be $350,000 and the company took $150,000 in depreciation expense. Operating cash flow equals

• A) $1,000,000.
• B) $500,000.
• C) $800,000.
• D) $650,000.

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