What is company operating cash flow

Assignment Help Financial Management

Reference no: EM131462494

During 2014, Raines Umbrella Corp. had sales of $920,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $610,000, $125,000, and $155,000, respectively. In addition, the company had an interest expense of $57,000 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions.)

1. What is Raines's net income for 2014? (Do not round intermediate calculations. Input the amount as a positive value.)

2. What is the company's operating cash flow? (Do not round intermediate calculations)

Reference no: EM131462494

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