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Edwards Electronics recently reported $10,125 of sales, $4,950 of operating costs other than depreciation, and $1,125 of depreciation. The company had no amortization charges, it
Edwards Electronics recently reported $10,125 of sales, $4,950 of operating costs other than depreciation, and $1,125 of depreciation. The company had no amortization charges, it had $3,150 of bonds that carry a 5.25% interest rate, and its federal-plus-state income tax rate was 35%. How much was itsnet operating cash flow?
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