What is Mobile Zones operating cash flow

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Question - The following entries appear on the annual income statement for Mobile Zone Ltd.:

Sales $1,915,000

Cost of goods sold - $785,350

Wages - $475,000

Depreciation - 25,000

Interest expenses - $51,285

Dividend - $120,000

Required - What is Mobile Zone's operating cash flow, if its tax rate is 30%?

a. $440,755

b. $404,856

c. $284,856

d. None of the other answers is correct

Reference no: EM132533882

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