[See Steps] (3 Points) During the past year, BCS Company had sales of $13,500, costs (before depreciation and taxes) of $6,400, and depreciation expense of
Question: (3 Points) During the past year, BCS Company had sales of $13,500, costs (before depreciation and taxes) of $6,400, and depreciation expense of $1,200. The firm’s tax rate is 35%. On its balance sheet, the firm’s accounts receivable increased by $547, inventory decreased by $93, and accounts payable increased by $172. The company paid common stock dividends of $75. (All $ amounts are in millions)
- What is the firm’s net income?
- What is the "Cash provided by operating activities"?
- What is the "Operating Cash Flow"?
Deliverable: Word Document 