Calculate the operating cash flows from the following data:Sales: $2,190,000Cost: $815,000Depreciation: $290,000Tax rate: 21%Life: 3 years$857,150O $1,147,150O$1,085,000O s1,375,00

Given information : Sales 2190000 Cost 815000 Depreciation 290000 Tax rate 21% Life 3…

Answered: ating cash flows from Sales: $2,190,000…

ating cash flows from Sales: $2,190,000 Cost: $815,000 Depreciation: $290,000 Tax rate: 21% Life: 3 years $857,150 A47 A50

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter14: Statement Of Cash Flows

Section: Chapter Questions

Problem 21BEA: Swasey Company earned net income of 1,800,000 in 20X2. Swasey provided the following information:...

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Question

Calculate the operating cash flows from the following data:
Sales: $2,190,000
Cost: $815,000
Depreciation: $290,000
Tax rate: 21%
Life: 3 years
$857,150
O $1,147,150
O$1,085,000
O s1,375,00

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