Business, 05.05.2020 09:11 MayFlowers

During the year, The Dalton Firm had sales of $3,210,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $2,540,000, $389,000, and $112,000, respectively. In addition, the company had an interest expense of $118,000 and a tax rate of 34 percent. (Ignore any tax loss carryback or carryforward provisions.) What is its operating cash flow?
A. $263,660
B. $271,420
C. $273,330
D. $285,400
E. $287,700

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During the year, The Dalton Firm had sales of $3,210,000. Cost of goods sold, administrative and sel...

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