Your firm has net income of $198 on total sales of $1,200. costs are $715 and depreciation is $145. the tax rate is 34%. the firm does not have interest expenses. what is the operating cash flow?
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Step 1
Step 1: Identify the given values: - Net income (NI) = $198 - Total sales (Revenue) = $1,200 - Costs (excluding depreciation) = $715 - Depreciation = $145 - Tax rate = 34% Show more…
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