Compute the cash flows to investors from operating activity

Reference no: EM13267643

The Oakland Mills Company has disclosed the following financial information in its annual reports for the period ending March 31, 2011: sales of $1,499,092, costs of goods sold of $723,480, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has a tax rate of 35 percent. Compute the cash flows to investors from operating activity. (Round answer to 2 decimal places, e.g. 15.25.)

Reference no: EM13267643

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