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Quaker State Manufacturing has total sales of $905,596 and costs of $793,418. Depreciation is $52,600 and the tax rate is 21 percent. The firm has
Quaker State Manufacturing has total sales of $905,596 and costs of $793,418. Depreciation is $52,600 and the tax rate is 21 percent. The firm has total assets of $2.3 million and is all-equity financed.
What is the operating cash flow?
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