Question: Given the following income statement data, determine operating cash flow for the period: net sales = $7,500 cost of goods sold = $2,500 operating expenses

Given the following income statement data, determine operating cash flow for the period: net sales = $7,500 cost of goods sold = $2,500 operating expenses = $1,500 depreciation = $1,000 interest expense = $500 dividends paid = $500 tax rate = 25% tax paid = $500

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