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Hammett, Inc., has sales of $77,125, costs of $26,791, depreciation expense of $6,384, and interest expense of $2,020. If the tax rate is 27 percent,
Hammett, Inc., has sales of $77,125, costs of $26,791, depreciation expense of $6,384, and interest expense of $2,020. If the tax rate is 27 percent, what is the operating cash flow, or OCF?
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Fundamentals of Investment Management
Authors: Geoffrey Hirt, Stanley Block
10th edition
0078034620, 978-0078034626
