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Hammond Suspension Inc.s Statement of Cash Flow reveals that this years cash flow from operations is $57300. Depreciation expense is recorded to be $7650 and
Hammond Suspension Inc.s Statement of Cash Flow reveals that this years cash flow from operations is $57300. Depreciation expense is recorded to be $7650 and change in net working capital is -$8200. Hammond Suspension Inc. is subjected to 20% corporate tax and paid $620 interest expense. Calculate the operating income for Hammond Suspension Inc
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