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Stark Industries had sales of $1.5 million last year with cost of goods sold running 60% of sales and depreciation of $150,000. Their interest expense
Stark Industries had sales of $1.5 million last year with cost of goods sold running 60% of sales and depreciation of $150,000. Their interest expense was $80,000 and operating costs of $200,000. If their tax rate was 35%, what was their Operating Cash Flow?
Stark Industries had sales of $1.5 million last year with cost of goods sold running 60% of sales and depreciation of $150,000. Their interest expense was $80,000 and operating costs of $200,000. If their tax rate was 35%, what was their Operating Cash Flow? O A. $925,500 B. -$125,000 C. $340,500 D. $448,000 Step by Step Solution
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