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Crandall Oil has total sales of $1,250 and costs of $695. Depreciation is $140 and the...

Crandall Oil has total sales of $1,250 and costs of $695. Depreciation is $140 and the tax rate is 32 percent. The firm does not have any interest expense. What is the operating cash flow?

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Answer #1
Sales $ 1,250.00
Costs $   -695.00
Depreciation $   -140.00
Profit before tax $     415.00
Tax Expense $   -132.80
Net Income $     282.20
Depreciation $     140.00
Operating cash flow $     422.20
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