Outdoor Sports paid S12,500 in dividends and S9,310 in interest over the past year. Sales totaled S361,820 with costs of S267,940. The depreciation expense was S16,500 and the tax rate was35  percent. What was the amount of the operating cash flow?

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter2: Financial Statements, Cash Flow,and Taxes
Section: Chapter Questions
Problem 9P: Carter Swimming Pools has $16 million in net operating profit after taxes (NOPAT) in the current...
icon
Related questions
Topic Video
Question

 Outdoor Sports paid S12,500 in dividends and S9,310 in interest over the past year. Sales totaled S361,820 with costs of S267,940. The depreciation expense was S16,500 and the tax rate was35
 percent.

What was the amount of the operating cash flow?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Depreciation Accounting
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Intermediate Financial Management (MindTap Course…
Intermediate Financial Management (MindTap Course…
Finance
ISBN:
9781337395083
Author:
Eugene F. Brigham, Phillip R. Daves
Publisher:
Cengage Learning