[Solved] ACC501 GDB Fall 2021
ACC501 GDB Fall 2021 solution idea:
Operating cash flow = Earnings before Interest and taxes + Depreciation – Taxes
Operating cash flow= 15000+350000-0=545000
Net income is the profit a company has earned for a period, while cash flow from operating activities measures, in part, the cash going in and out during a company's day-today operations.