Question
Your firm has net income of $287 on total sales of $1,200. Costs are $670 and depreciation is $120. The tax rate is 24 percent.
Your firm has net income of $287 on total sales of $1,200. Costs are $670 and depreciation is $120. The tax rate is 24 percent. The firm does not have interest expenses. What is the operating cash flow?
Multiple Choice
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$388
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$475
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$281
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$345
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$432
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The Oxford Handbook Of The Sociology Of Finance
Authors: Karin Knorr Cetina, Alex Preda
1st Edition
0198708777, 978-0198708773
