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Hammett, Inc., has sales of $62,489, costs of $24,692, depreciation expense of $8,441, and interest expense of $2,410. If the tax rate is 26 percent,
Hammett, Inc., has sales of $62,489, costs of $24,692, depreciation expense of $8,441, and interest expense of $2,410. If the tax rate is 26 percent, what is the operating cash flow, or OCF?
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International Financial Management
Authors: Jeff Madura
7th Edition
0324071744, 978-0324071740
