Question
Marcus Corp. reported operating revenue of $854 over the past year. They have depreciation expense from a capital expenditure of $396 5 years ago that
Marcus Corp. reported operating revenue of $854 over the past year. They have depreciation expense from a capital expenditure of $396 5 years ago that is depreciated to a value of $87 over 13 years using straight-line depreciation. Find their operating cash flow if their tax rate is 22% and operating expenses were $616.
Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" "," or any other formatting. Carry interim computations to at least 4 decimals.
Enter numerical answers as a positive or negative number rounded to 2 decimal places (###.##)
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