Le Place has sales of $439,000 and net working capital of $56,000. The firm has a tax

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Le Place has sales of $439,000 and net working capital of $56,000. The firm has a tax rate of 34% and a profit margin of 7%. The firm has no interest expense. What is the amount of the operating cash flow?

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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Posted Date: Dec 17, 2023 03:09 AM

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Le Place has sales of $439,000 and net working capital of $56,000. The firm has a tax

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The operating cash flow OCF can be calculated usin... View the full answer

Financial Accounting

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