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3 Peter's Boats has sales of $760,000 and a profit margin of 5%. The annual depreciation expense is $80,000. What is the amount of the

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3 Peter's Boats has sales of $760,000 and a profit margin of 5%. The annual depreciation expense is $80,000. What is the amount of the operating cash flow if the company has no long-term debt? Multiple Choice O 2 points eBook U Print References $34,000 $86,400 $118,000 $120,400 $123,900

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