What is the operating cash flow
Response to the following problem:
Ranney, Inc has sales of $18,700, costs of $10,300, depreciation expense of $1,900, and intrest expense of $1,250. If the tax rate is 40 percent, what is the operating cash flow or OCF?
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Ranney, Inc has sales of $18,700, costs of $10,300, depreciation expense of $1,900, and intrest expense of $1,250.
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