question archive Gustav's best friend, Garfield, owns a lasagna factory
Subject:FinancePrice: Bought3
Gustav's best friend, Garfield, owns a lasagna factory. Garfield's financial skills are not very strong, so he asked Gustav to take a look at his financials. Here is the information Garfield provided to Gustav for 2019.
1)Sales were $49000;
2)COGS were $17000;
3)Depreciation was $2900;
4)Interest paid was $400;
5)Tax rate was 35%
6)The paid dividends were $400.
Compute the operating cash flow for this company.