Calculating OCF. Ridiculousness, Inc. has sales of $43,800, costs of $22,700, depreciation expense of $2,100, and...
Calculating OCF. Ridiculousness, Inc. has sales of $43,800, costs of $22,700, depreciation expense of $2,100, and interest expense of 1,600. If the tax rate is 35%, what is the operating cash flow (OCF)? Show your Income Statement & computation.
Homework Answers
Solution :
The Operating cash flow ( OCF ) = $ 13,410.00
Please find the attached screenshot of the excel sheet containing the Income statement and a detailed computation / calculation for the solution.
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