Calculating OCF Ranney, Inc., has sales of $18,700, costs of $10,300, depreciation expense of $1,900, and interest
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Calculating OCF 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, or OCF?
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Related Book For
Corporate Finance
ISBN: 9780077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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