Tiger Inc. has total sales of $8,821, cost of goods sold is $2,832, general and administrative...

Tiger Inc. has total sales of $8,821, cost of goods sold is $2,832, general and administrative expenses are $1,240, and depreciation is $523. The tax rate is 21 percent. The firm does not have any interest expense. What is the operating cash flow?

Group of answer choices

$3117.71

$3,859.65

$3,336.65

$3,751.71

Solutions

Expert Solution

Operating cash flow = (sales - Cost of goods sold - G&A expenses - depreciation) * (1 - tax) + Depreciation

Operating cash flow = (8821 - 2832 - 1240 - 523) * (1 - 21%) + 523

Operating cash flow = 4226 * 79% + 523

Operating cash flow = $3861.54 (Dear student this is the exact answer please verify your options accordingly)

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jeff jeffy answered 2 years ago

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