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Problem:

Oma Desala, Inc. bought new equipment worth $265,200 and paid $22,600 in interest over the past year. Sales totaled $140,200 with costs of $109,400. The depreciation expense was $8,200. The applicable tax rate is 30.6 percent.

Required:

Question: What is the amount of the operating cash flow?

Note: Please show how you came up with the solution.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91167899

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