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

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Benson, 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 21 percent, what is the operating cash flow, or OCF?

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Essentials of Corporate Finance

ISBN: 978-1260013955

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Nov 19, 2019 08:30 AM

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

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To calculate the OCF we first need to construct an income statement The ...View the full answer

Essentials of Corporate Finance

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