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Problem:

Hamble, Inc., has sales of $19,070, costs of $10,460, depreciation expense of $2,530, and interest expense of $1,600.

Required:

Question: If the tax rate is 35 percent, what is the operating cash flow, or OCF?

Note: Explain all steps comprehensively.

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  • Category:- Basic Finance
  • Reference No.:- M91175067

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