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Sheaves, Inc., has sales of $55,000, costs of $25,000, depreciation expense of $2,750, and interest expense of $2,500. If the tax rate is 23 percent,
Sheaves, Inc., has sales of $55,000, costs of $25,000, depreciation expense of $2,750, and interest expense of $2,500. |
If the tax rate is 23 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations.) |
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