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Steps please ! 13. Loblaws has annual sales of $1.9 million, depreciation of S238,000, and net working capital of $196.001. The firm has a tax

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13. Loblaws has annual sales of $1.9 million, depreciation of S238,000, and net working capital of $196.001. The firm has a tax rate of 35% and a profit margin of 8.2%. The firm has no long-term debt. What is the amount of the annual operating cash flow? A) $284,585 B) $393.800 C) $197,800 D) $521,200 E) $88,585 14. Marti purchased a stock one year ago at a price of $23.89. Over the past year she has received a total of $1.63 in dividends. Today she sold the stock for $22.84. What total percentage return did Marti earn on this investment? A) 4.40% B) 6.82% C) 2.54% D) 7.14% E) 2.43%

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