Hammett, Inc., has sales of $34,630, costs of $10,340, depreciation expense of $2,520, and interest expense of

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Hammett, Inc., has sales of $34,630, costs of $10,340, depreciation expense of $2,520, and interest expense of $1,750. If the tax rate is 35 percent, what is the operating cash flow, or OCF?

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Essentials of Corporate Finance

ISBN: 978-0078034756

8th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Feb 23, 2017 01:58 AM

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Hammett, Inc., has sales of $34,630, costs of $10,340, depreciation expense of $2,520, and interest expense of

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Essentials of Corporate Finance

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