Question
Ridiculousness, Inc., has sales of $41,000, costs of $24,800, depreciation expense of $1,700, and interest expense of $1,400. If the tax rate is 35 percent,
Ridiculousness, Inc., has sales of $41,000, costs of $24,800, depreciation expense of $1,700, and interest expense of $1,400.
If the tax rate is 35 percent, what is the operating cash flow, or OCF?(Do not round intermediate calculations.)
Operating cash flow$
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss
8th Canadian Edition
01259270114, 9781259270116
