Morris Corporation has sales of $300,000 costs of $130,280, depreciation expense of $12,000, and interest expense...

 

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Morris Corporation has sales of $300,000 costs of $130,280, depreciation expense of $12,000, and interest expense of $10,000. If the tax rate is 35 per cent, what is the operating cash flow, or OCF? Show all the workings. Morris Corporation has sales of $300,000 costs of $130,280, depreciation expense of $12,000, and interest expense of $10,000. If the tax rate is 35 per cent, what is the operating cash flow, or OCF? Show all the workings.

Answer rating: 100% (QA)

ANS WER Oper ating cash flow net income non oper ati... View the full answer