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has gather Depreciation and accounting cash flow a firm in the third year of depreciating is only asset, which originally cost $176,000 and has a

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has gather Depreciation and accounting cash flow a firm in the third year of depreciating is only asset, which originally cost $176,000 and has a 5 year MACRS recovery period Accruals $16,000 Current assets 126.000 Interest expense 15,000 Sales revenue 411,000 Inventory 69,900 Total costs before depreciation, interest and taxes 288,000 Tax rate on ordinary income 215 a. Use the relevant data to determine the operating cash flow for the current year b. Explain the impact that depreciation, as well as any other noncash charges, has on a firm's cash flows. a. Complete the following table to determine the operating cash flow (OCF) (Round to the nearest dollar) Operating Cash Flow Sales revenue $ Less Total costs before depreciation, interest, and taxes Depreciation expense Earnings before interest and taxes $ Less Taxes at 21% Net operating profit after taxes (NOPAT) S Plus Depreciation Operating Cash Flow (OCF)

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