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Sheaves, Inc., has sales of $49,500, costs of $22,800, depreciation expense of $2,200, and interest expense of $1,950. If the tax rate is 22 percent,
| Sheaves, Inc., has sales of $49,500, costs of $22,800, depreciation expense of $2,200, and interest expense of $1,950. |
| If the tax rate is 22 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations.) |
Operating Cash Flow:
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Principles Of Managerial Finance
Authors: Chad J. Zutter, Scott Smart
16th Edition
0136945880, 978-0136945888
