Assignment: Cash Flow
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Sales
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$ 43,800
|
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Costs
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22,700
|
|
Depreciation Expense
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2,100
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|
Interest Expense
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1,600
|
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Tax rate
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35%
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If the tax rate is 35 percent, what is the operating cash flow, or OCF? Must show each step in a table
Explain why depreciation and interest expense are included in the income statement (or net income amount), but not in operating cash flow.