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Burns Industries has total sales of $280,000 and costs of $105,000 (Note: costs do not include depreciation expense). Depreciation expense is $50,000 and the tax
Burns Industries has total sales of $280,000 and costs of $105,000 (Note: costs do not include depreciation expense). Depreciation expense is $50,000 and the tax rate is 35 percent. The firm does not have any interest expense. What is the operating cash flow (OCF)?
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