Question

Find the operating cash flow for the year for Harper? Brothers, Inc. if it had sales...

Find the operating cash flow for the year for Harper? Brothers, Inc. if it had sales revenue of $311,900,000?, cost of goods sold of $147,600,000?, sales and administrative costs of $40,400,000?, depreciation expense of $68,400,000?, and a tax rate of 40%.

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Answer #1
Calculation of Operating Cash:
Sales $       31,19,00,000
Cost of goods sold          -14,76,00,000
Gross Profit 16,43,00,000
Sales and administrative costs            -4,04,00,000
Depreciation expense            -6,84,00,000
Income Before Tax 5,55,00,000
Tax Expense            -2,22,00,000
Net Income 3,33,00,000
Depreciation expense 6,84,00,000
Operating Cash flow $ 10,17,00,000
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