Ranney Inc. has sales of $18,700, costs of $10,300, depreciation expense of $1,900, and interest expense of
Question:
Ranney Inc. has sales of $18,700, costs of $10,300, depreciation expense of $1,900, and interest expense of $1,250. If the tax rate is 40 percent, what is the operating cash flow?
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To calculate Operating cash flow we first need the income statement Income ...View the full answer
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Related Book For 
Corporate Finance
ISBN: 978-0071339575
7th Canadian Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Ro
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