Hammett, Inc. has sales of $19,570, costs of $9, 460, depreciation expense of $2,130, and interest expense

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Hammett, Inc. has sales of $19,570, costs of $9, 460, depreciation expense of $2,130, and interest expense of $1,620. If the tax rate is 35 percent, what is the operating cash flow, or OCF?

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Fundamentals of Corporate Finance

ISBN: 978-0077861704

11th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Sep 19, 2013 05:14 AM

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Hammett, Inc. has sales of $19,570, costs of $9, 460, depreciation expense of $2,130, and interest expense

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Computation of the operating cash flow or OCF Particulars Amou...View the full answer

Fundamentals of Corporate Finance

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