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Jill owns a manufacturing business that had sales of $1,000,000 last year. Its operating costs were $400,000 (excluding depreciation). The business has equipment that they

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Jill owns a manufacturing business that had sales of $1,000,000 last year. Its operating costs were $400,000 (excluding depreciation). The business has equipment that they bought for a total of $1,000,000 five years ago. The equipment is being depreciated straight-line to zero over 10 years. If the tax rate is 25%, what were the company's operating cash flows (OCF) last year? O $475,000 $600,000 O $575,000 O $450,000 O $375,000 Previous Next

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