A firm reported sales of $350,000, interest expense of $2,330, costs of $140,000, and depreciation expense of

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A firm reported sales of $350,000, interest expense of $2,330, costs of $140,000, and depreciation expense of $17,800. The firm's average income tax rate is 21 percent.

How much operating cash flow did the firm generate?

Related Book For answer-question

Fundamentals of Corporate Finance

ISBN: 978-0133400694

1st canadian edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi

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Posted Date: Jul 04, 2023 06:09 AM

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A firm reported sales of $350,000, interest expense of $2,330, costs of $140,000, and depreciation expense of

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To calculate the operating cash flow we need to start with the firms net inc... View the full answer

Fundamentals of Corporate Finance

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