Benson, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of
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Benson, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of $1,850. If the tax rate is 21 percent, what is the operating cash flow, or OCF?
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To calculate the OCF we first need to construct an income statement The ...View the full answer
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Related Book For
Essentials of Corporate Finance
ISBN: 978-1260013955
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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