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Peters Boats has sales of $760,000 and a profit margin of 5%. The annual depreciation expense is $80,000. What is the amount of the operating
Peters Boats has sales of $760,000 and a profit margin of 5%. The annual depreciation expense is $80,000. What is the amount of the operating cash flow if the company has no interest expense?
$34,000 | ||
$86,400 | ||
$118,000 | ||
$120,400 | ||
$123,900 |
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