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The Oakland Mills Company has disclosed the following financial information in its annual reports for the period ending March 31,2014: sales of $ 1,441,000, cost

The Oakland Mills Company has disclosed the following financial information in its annual reports for the period ending March 31,2014: sales of $ 1,441,000, cost of goods sold of $ 802,000, depreciation expenses of $ 175,000, and interest expenses of $ 89,575. Assume that the firm has an average tax rate of 35%. Compute the cash flows to investors from operating activity. image text in transcribed
The Oakland Mills Company has disclosed the following financial information in its annual reports for the period ending March 31, 2014: sales of $1.441,000, cost of goods sold of $802,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. Compute the cash flows to investors from operating activity. (Round answer to 2 decimal places, e.g. 15.25.) E -...mmmmm Cash flow from operating activity LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor

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