For the past year, Kayla, Incorporated, has sales of $45,797, interest expense of $3,620, cost of...
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For the past year, Kayla, Incorporated, has sales of $45,797, interest expense of $3,620, cost of goods sold of $16,134, selling and administrative expense of $11,481, and depreciation of $5,980. If the tax rate is 25 percent, what is the operating cash flow? For the past year, Kayla, Incorporated, has sales of $45,797, interest expense of $3,620, cost of goods sold of $16,134, selling and administrative expense of $11,481, and depreciation of $5,980. If the tax rate is 25 percent, what is the operating cash flow?
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