Thursday, 22 February 2018

Candle & Candle Co. has total sales of $1,500,000 and costs of goods sold $900,000. Depreciation is $43,000 and no further expense


Candle & Candle Co. has total sales of $1,500,000 and costs of goods sold $900,000. Depreciation is $43,000 and no further expense. The firm pays interest expense of $20,000. What is the operating cash flow for Candle & Candle Co. if their tax rate is 20%? A. $281,400 B. $171,800 C. $385,200 D. $492,600

Contact Us For Tutoring:

Name

Email *

Message *