Le Place has sales of $439,000, depreciation of $32,000, and net working capital of $56,000. The firm has a tax rate of 34 percent and a profit margin of 6 percent. The firm has no interest expense. What is the amount of the operating cash flow?© BrainMass Inc. brainmass.com October 9, 2019, 8:58 pm ad1c9bdddf
This solution calculates the operating cash flow of La Place based on sale, depreciation, net working capital, tax rate, and profit margin.