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A.) McDonald's has total sales of $2,475,000, costs are $1,480,000, and depreciation is $162,000. The tax rate is 25 percent. The interest expense is $79,000.
A.) McDonald's has total sales of $2,475,000, costs are $1,480,000, and depreciation is $162,000. The tax rate is 25 percent. The interest expense is $79,000. What is the operating cash flow?
$972,500
$934,000
$887,500
$852,400
$806,500
B.) McDonald's had beginning net fixed assets of $2,870,000 and ending net fixed assets of $2,741,000. Assets valued at $308,000 were sold during the year. Depreciation was $295,000. What is the amount of net capital spending?
$182,000
$166,000
$194,000
$153,000
$175,000
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