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QUESTION

The Windom Co. has sales of $845,960, costs of $578,402, interest expense of $42,750, and a marginal tax rate of 35%.

The Windom Co. has sales of $845,960, costs of $578,402, interest expense of $42,750, and a marginal tax rate of 35%. The company also has $1,299,998 in fixed assets that are being depreciated in a 15% CCA class (you may assume that the ½ year rule has been applied to all of the assets in the pool in the past). What is the operating cash flow for the current year? Answer= 257,125 <------- I would like to know how to get that answer

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