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1.As a financial manager,would you be more interested in the book value or market value of an asset? Why? 2. Income statement for Draiman, Inc.:
1.As a financial manager,would you be more interested in the book value or market value of an asset? Why?
2.
Income statement for Draiman, Inc.:
Sales 795,000
Cost of Goods Sold 345,000
Depreciation 76,000
Earning Before Interest and Taxes 374,000 (EBIT)
Interest Paid 41,000
Taxable Income 333,000
Taxes (35%)116,550
Net Income 216,450
Using the information given in the question:
What is OCF?
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