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Your firm has net income of $403 on total sales of $1,380. Costs are $760 and depreciation is $110. The tax rate is 21 percent.
Your firm has net income of $403 on total sales of $1,380. Costs are $760 and depreciation is $110. The tax rate is 21 percent. The firm does not have interest expenses. What is the operating cash flow?
a.
$913
b.
$510
c.
$403
d.
$513
e.
$620
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