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Hammett, Inc., has sales of $19,580, costs of $9,450, depreciation expense of $2,120, and interest expense of $1,610. Assume the tax rate is 40 percent.
Hammett, Inc., has sales of $19,580, costs of $9,450, depreciation expense of $2,120, and interest expense of $1,610. Assume the tax rate is 40 percent. (Enter your answer as directed, but do not round intermediate calculations.) Required: What is the operating cash flow? Operating cash flow
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