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Hammett, Inc., has sales of $19,650, costs of $9,380, depreciation expense of $2,050, and interest expense of $1,540. Assume the tax rate is 35 percent.
Hammett, Inc., has sales of $19,650, costs of $9,380, depreciation expense of $2,050, and interest expense of $1,540. Assume the tax rate is 35 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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