Question
For the past year, A firm has sales of $46,772, interest expense of $4,010, cost of goods sold of $17,009, selling and administrative expense
For the past year, A firm has sales of $46,772, interest expense of $4,010, cost of goods sold of $17,009, selling and administrative expense of $11,956, and depreciation of $6,705. If the tax rate is 21 percent, what is the operating cash flow? O $16,318 O $13,597 O $4,255 O $16,960
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