Question
Ridiculousness, Inc., has sales of $48,500, costs of $24,700, depreciation expense of $2,000, and interest expense of $1,600. If the tax rate is 35 percent,
Ridiculousness, Inc., has sales of $48,500, costs of $24,700, depreciation expense of $2,000, and interest expense of $1,600.
If the tax rate is 35 percent, what is the operating cash flow, or OCF?(Do not round intermediate calculations.)
Operating cash flow$=
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
