Graff, Incorporated, has sales of $44,130, costs of $14,190, depreciation expense of $3,190, and interest expense of $2,330. The tax rate is 21 percent. What is the operating cash flow, or OCF? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.

Graff, Incorporated, has sales of $44,130, costs of $14,190, depreciation expense of $3,190, and interest expense of $2,330. The tax rate is 21 percent. What is the operating cash flow, or OCF? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter23: Statement Of Cash Flows

Section: Chapter Questions

Problem 8CE

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Graff, Incorporated, has sales of $44,130, costs of $14,190, depreciation expense of $3,190, and interest expense of $2,330. The tax
rate is 21 percent. What is the operating cash flow, or OCF?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
Operating cash flow

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