Calculating OCF Ranney, Inc., has sales of $13,500, costs of $5,400, depreciation expense of $1,200, and interest
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Calculating OCF Ranney, Inc., has sales of $13,500, costs of $5,400, depreciation expense of $1,200, and interest expense of $680. If the tax rate is 35 percent, what is the operating cash flow, or OCF? LO.1
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