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Ranney, Inc., has sales of $18,900, costs of $4,900, depreciation expense of $1,280, and interest expense of $670. Assume the tax rate is 30 percent.
Ranney, Inc., has sales of $18,900, costs of $4,900, depreciation expense of $1,280, and interest expense of $670. Assume the tax rate is 30 percent. What is the operating cash flow, or OCF?
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