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What is Raines operating cash flow

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Question - During 2014, Raines Umbrella Corp. had sales of $655344. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $434737, $81286, and $350304, respectively. In addition, the company had an interest expense of $53945 and a tax rate of 32 percent. (Ignore any tax loss carry back or carry forward provisions. This means that if the company does not have any taxable income, they do not pay any tax.) What is Raines's operating cash flow (OCF) for 2014?

Reference no: EM132224110

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