What is the operating cash flow for 2015

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Reference no: EM13987360

New Town Industries

Tax rate 35%

2015

2014

Revenues

$42,629

$37,911

Cost of goods sold

23,704

24,832

Interest

1,230

1,584

Dividends

1,200

600

Depreciation

2,609

2,814

Administrative expenses

7,040

6,820

Cash

3,671

2,969

Inventory

3,968

4,503

Accounts payable

2,325

3,760

Long-term debt

19,105

25,900

Accounts receivable

4.601

5,318

Common stock

22,600

19,800

Net fixed assets

41,260

42,110

What is the operating cash flow for 2015?

Select One

a. $6.460
b. $9,069
c. $10,325
d. $3,753
e. $12,408

Reference no: EM13987360

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