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Net Income and Operating Cash Flow Assignment

Author:
February 25th, 2020

XYZ has an EBIT of $3,000; Interest of $500 and pays taxes at the rate of 34 percent. What is the net income and Operating cash flow of XYZ if the company has a depreciation of $850?

A. $1650 and $3,000 respectively

B. $880 and $1,340 respectively

C. $1,600 and $2,800 respectively

D. $860 and $3 160 respectively

E. $640 and $2,610 respectively. Get Finance homework help today

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