Depreciation is 24000 and the tax rate is 34 percent the


1. ABC company has total sales of $106327 and costs of $32,000. Depreciation is $24,000 and the tax rate is 34 percent. The firm does not have any interest expense. What is the operating cash flow?

2- At the beginning of the year, the long-term debt of a firm was 106327 and total debt was $125,000. At the end of the year, long-term debt was $65,000 and total debt was $145,000. The interest paid was $7500. What is the amount of the cash flow to creditors?

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Financial Management: Depreciation is 24000 and the tax rate is 34 percent the
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