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8 pts Question 18 Provo, Inc. had revenues of $10 million, cash operating expenses of $5 million, and depreciation and amortization of $1 million during

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8 pts Question 18 Provo, Inc. had revenues of $10 million, cash operating expenses of $5 million, and depreciation and amortization of $1 million during 2018. The firm purchased $500,000 equipment during the year while increasing its inventory by $300,000 (with no corresponding increase in current liabilities. The marginal tax rate for Provo is 21 percent. What is Provo's operating cash flow for 2018 Question 19

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