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Hanson House has sales of $724,000 and a profit margin of 11 percent *. The annual depreciation expense is $14,000. What is the amount of

Hanson House has sales of $724,000 and a profit margin of 11 percent *. The annual depreciation expense is $14,000. What is the amount of the operating cash flow if the company has no long-term debt?

* You recall that profit margin = net income/sales

Answers:

$93,460

72,240

$100,240

$68,760

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