Star Industries has published its annual account. It indicates that during the year the firm had sales
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Star Industries has published its annual account. It indicates that during the year the firm had sales of $3,500,000, cost of goods sold totaled $2,300,000, operating expenses were $420,000, and depreciation expenses were $240,000. The firm is in 30% tax bracket. Determine the firm’s operating cash flow (OCF).
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Related Book For
Principles Of Managerial Finance Brief
ISBN: 9781292267142
8th Global Edition
Authors: Chad J. Zutter, Scott B. Smart
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