Find the operating cash flow for the year for Robinson and Sons if it had sales revenue of $81,900,000, cost of goods sold of $34,700,000, sales and administrative costs of $6,300,000, depreciation expense of $7,200,000, and a tax rate of 30%.

Find the operating cash flow for the year for Robinson and Sons if it had sales revenue of $81,900,000, cost of goods sold of $34,700,000, sales and administrative costs of $6,300,000, depreciation expense of $7,200,000, and a tax rate of 30%.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter21: Supply Chains And Working Capital Management

Section: Chapter Questions

Problem 3MC

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Question

Find the operating cash flow for the year for Robinson and Sons if it had sales revenue of

$81,900,000,

cost of goods sold of

$34,700,000,

sales and administrative costs of

$6,300,000,

depreciation expense of

$7,200,000,

and a tax rate of

30%.

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