Hailey, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of

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Hailey, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of $1,850. If the tax rate is 35 percent, what is the operating cash flow, or OCF?

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Essentials of Corporate Finance

ISBN: 978-1259277214

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Jun 30, 2016 09:29 AM

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Hailey, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of

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Essentials of Corporate Finance

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