Zigs industries had the following operating results for 2015: sales =$26,517; cost of goods sold...
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Zigs industries had the following operating results for 2015: sales =$26,517; cost of goods sold =$15,232; depreciation expense =$4,908; interest expense =$2,355; dividends paid =$1,599. At the beginning of the year, net fixed assets were $16,865, current assets were $5,502, and current liabilities were $3,385. At the end of the year, net fixed assets were $20,304, current assets were $7,603, and current liabilities were $3,680. The tax rate for 2015 was 35 percent. What is operating cash flow (OCF) for 2015 ? (Negative amount should be indicated by a minus sign. Round your answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456.78 should be entered as 123457 .)
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