Question

2010 2011 Sales $3,790 $3,990 Cost of Goods Sold 2,043 2,137 Depreciation 975 1,016 Net Working Capital 1,146 1,220 Net Fixed Assets 6,770 7,087 If Operating Cash Flow is $3,067 in 2011, what is the Cash Flow From Assets for 2011? A. $252 B. $1,335 C. $1,660 D. $267

          2010
2011
Sales
$3,790
$3,990
Cost of Goods Sold
2,043
2,137
Depreciation
975
1,016
Net Working Capital
1,146
1,220
Net Fixed Assets
6,770
7,087
If Operating Cash Flow is $3,067 in 2011, what is the Cash Flow From Assets for 2011?
A. $252
B. $1,335
C. $1,660
D. $267

2010
2011
Sales
3,7903,990
Cost of Goods Sold
2,043
2,137
Depreciation
975
1,016
Net Working Capital
1,146
1,220
Net Fixed Assets
6,770
7,087
If Operating Cash Flow is 3,067 in 2011, what is the Cash Flow From Assets for 2011?
A.252
B. 1,335
C.1,660
D. 267

Added by Brittany S.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

Instant Answer

Solved by Expert Adi S

07/03/2023

Step 1

Step 1: Calculate the Operating Cash Flow (OCF) using the formula: OCF = EBIT + Depreciation - Taxes + Change in Net Working Capital Where EBIT (Earnings Before Interest and Taxes) can be calculated as: EBIT = Sales - Cost of Goods Sold - Depreciation Show more…

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KK 2010 Sales $3,790 Cost of Goods Sold 2,043 Depreciation 975 Net Working Capital 1,146 Net Fixed Assets 6,770 2011 $3,990 2,137 1,016 1,220 7.087 If Operating Cash Flow is $3,067 in 2011,what is the Cash Flow From Assets for 2011 A.$252 B.$1,335 C.$1,660 D.$267