Jannah Company has sales of P1,000,000, cost of goods sold of P700,000, depreciation expenses of P250,000 and interest expenses of P55,000. If Jannah's tax rate is 34% and the income statement is complete, what is Jannah's operating cash flow? * O P246,700 O P33,000 O P283,000 O P300,000

Jannah Company has sales of P1,000,000, cost of goods sold of P700,000, depreciation expenses of P250,000 and interest expenses of P55,000. If Jannah's tax rate is 34% and the income statement is complete, what is Jannah's operating cash flow? * O P246,700 O P33,000 O P283,000 O P300,000

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...

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Question

Jannah Company has sales of
P1,000,000, cost of goods
sold of P700,000,
depreciation expenses of
P250,000 and interest
expenses of P55,000. If
Jannah's tax rate is 34% and
the income statement is
complete, what is Jannah's
operating cash flow? *
O P246,700
O P33,000
O P283,000
O P300,000

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