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Your firm has net income of $245 on total sales of $1,080. Your firm's fixed and variable costs are $610 and depreciation is $120.
Your firm has net income of $245 on total sales of $1,080. Your firm's fixed and variable costs are $610 and depreciation is $120. The tax rate is 30 percent, and total liabilities are $1,000. The firm does not have interest expenses. What is the operating cash flow? Note: This is not the same as cash flow from operations from the Statement of Cash Flows. Multiple Choice $245 $470 $350 $365 $595
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