Pompeii, Inc. has $50,000 in sales, $23,000 in costs, $2,250 depreciation expense and $2,000 interest expense. What

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Pompeii, Inc. has $50,000 in sales, $23,000 in costs, $2,250 depreciation expense and $2,000 interest expense.

What is operating cash flow or OCF if the tax rate is 23 percent? (Do not round up intermediate calculations.)

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jul 19, 2023 06:59 AM

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Pompeii, Inc. has $50,000 in sales, $23,000 in costs, $2,250 depreciation expense and $2,000 interest expense. What

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To calculate the operating cash flow OCF we need to subtract the ... View the full answer

Income Tax Fundamentals 2013

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