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12) Assume: Revenue is $110,000, COGS is $30,000, SGA is $25,000, and depreciation expense is $40,000. Assumir no interest ex

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Answer #1
Revenue 110,000
Less:COGS (30,000)
Less:SGA (25,000)
Less:Depreciation expense (40,000)
Earnings before taxes 15,000
Less:taxes(15,000*35%) 5250
Net income 9750
Add:Depreciation expense 40,000
Operating cash flow $49750.
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12) Assume: Revenue is $110,000, COGS is $30,000, SGA is $25,000, and depreciation expense is $40,000....
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