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A firm recently reported $11,250 in revenue, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it
A firm recently reported $11,250 in revenue, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 35%. How much was its net cash flow?
Select one:
a.
$3,284.75
b.
$3,457.63
c.
$3,639.61
d.
$3,831.17
e.
$4,032.81
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