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Johnson's Automotive paid $31,150 in dividends and $3,000 in interest over the past year. Sales totaled $228,700 with costs of $183,500. The depreciation expense was
Johnson's Automotive paid $31,150 in dividends and $3,000 in interest over the past year. Sales totaled $228,700 with costs of $183,500. The depreciation expense was $20,400. The applicable tax rate is 21 percent. What is the amount of the operating cash flow? Responses
$40,297
$40,492
$40,622
$40,427
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