Ramey, Inc., has sales of $14,900, costs of $5,800, depreciation expense of $1,300, and interest expense of

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Ramey, Inc., has sales of $14,900, costs of $5,800, depreciation expense of $1,300, and interest expense of $780. If the tax rate is 40 percent, what is the operating cash flow, or OCF?

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Corporate Finance

ISBN: 978-0077337629

9th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Question Posted: Jul 18, 2016 09:33 AM

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Ramey, Inc., has sales of $14,900, costs of $5,800, depreciation expense of $1,300, and interest expense of

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