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RTF Oil has total sales of $911,400 and costs, excluding depreciation, of $787,300. Depreciation is $39,895, and the tax rate is 25 percent. The firm

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RTF Oil has total sales of $911,400 and costs, excluding depreciation, of $787,300. Depreciation is $39,895, and the tax rate is 25 percent. The firm is all-equity financed. What is the operating cash flow? $103,049 $106,417 $94,193 $100,048 $98,839

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