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Problem:

Daniel's Market has sales of $36,600, costs of $28,400, depreciation expense of $3,100, and interest expense of $1,500.

Required:

Question: If the tax rate is 34 percent, what is the operating cash flow, OCF?

a. $7,013

b. $5, 279

c. $4, 811

d. 6, 466

e. $6, 976

Note: Provide support for your rationale.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91162136

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