Question
Wilson,Inc. has sales of $62,300, costs of $28,700, depreciation expense of $8,200 and interest expense of $3,200. If the tax rate is 20 percent, what
Wilson,Inc. has sales of $62,300, costs of $28,700, depreciation expense of $8,200 and interest expense of $3,200. If the tax rate is 20 percent, what is the operating cash flow? Please show your work.
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
8th edition
013342362X, 978-0133423624
