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For 2012, Leicester Manufacturing, Inc. posted total sales of $1,249,800 and costs of $803,500. Depreciation is $67,700 and the tax rate is 30 percent. The
For 2012, Leicester Manufacturing, Inc. posted total sales of $1,249,800 and costs of $803,500. Depreciation is $67,700 and the tax rate is 30 percent. The firm does not have any interest expense. What is the operating cash flow?
| $243,076 | ||
| $281,417 | ||
| $309,076 | ||
| $332,720 | ||
| $352,076 |
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Introduction to Finance Markets, Investments and Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
16th edition
1119398282, 978-1-119-3211, 1119321115, 978-1119398288
