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Sam's Burger has sales of $38000, costs of $28,400, depreciation expense of $3,100, and interest expense of $1,500. If the tax rate is 34 percent,
Sam's Burger has sales of $38000, costs of $28,400, depreciation expense of $3,100, and interest expense of $1,500. If the tax rate is 34 percent, what is the operating cash flow, OCF?
| 7900 |
| 9700 |
| 7800 |
| 8700 |
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
