What is the amount of operating cash flow for jngw inc


Problem

A potential target (JNGW, Inc.) has sales of $460,000, depreciation of $27,000, and net working capital of $56,000. The firm has a tax rate of 21 percent and a profit margin of 6 percent. The firm has no interest expense. What is the amount of the operating cash flow for JNGW, Inc.?

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