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Problem:

Ranney, Inc., has sales of $18,900, costs of $4,900, depreciation expense of $1,280, and interest expense of $670. Assume the tax rate is 30 percent.

Required:

Question: What is the operating cash flow, or OCF?

Note: Be sure to show how you arrived at your answer.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91148841

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