Consider the following income statement:   Sales    $909,407                               Costs   484,977                                   Depreciation    149,723                                   Taxes  0.28                Calculate OCF.

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter7: Types And Costs Of Financial Capital
Section: Chapter Questions
Problem 2aM
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Consider the following income statement:

  Sales    $909,407                            

  Costs   484,977                                

  Depreciation    149,723                                

  Taxes  0.28               

Calculate OCF.

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