Ranney Inc. has sales of $18,700, costs of $10,300, depreciation expense of $1,900, and interest expense of

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Ranney Inc. has sales of $18,700, costs of $10,300, depreciation expense of $1,900, and interest expense of $1,250. If the tax rate is 40 percent, what is the operating cash flow?

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Corporate Finance

ISBN: 978-0071339575

7th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Ro

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Question Posted: Jun 17, 2015 03:25 AM

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Ranney Inc. has sales of $18,700, costs of $10,300, depreciation expense of $1,900, and interest expense of

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To calculate Operating cash flow we first need the income statement Income ...View the full answer

Corporate Finance

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