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5 Draiman, Inc., has sales of $586,000, costs of $272,000, depreciation expense of $70,500, interest expense of $37,500, and a tax rate of 40 percent.
5 Draiman, Inc., has sales of $586,000, costs of $272,000, depreciation expense of $70,500, interest expense of $37,500, and a tax rate of 40 percent. (Enter your answer as directed, but do not round intermediate calculations.) 3.12 points Required: What is the net income for this firm? Skipped Net income 6 Hammett, Inc., has sales of $19,680, costs of $9,350, depreciation expense of $2,020, and interest expense of $1,510. Assume the tax rate is 35 percent. (Enter your answer as directed, but do not round intermediate calculations.) 3.12 points Required: What is the operating cash flow? Skipped Operating cash flow $
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