An all-equity firm has a net income of $55,300, depreciation of $4,600, and taxes of $28,500. What is the firm's operating cash flow? A. $59,900 B. $58,900 C. $56,850 D. $54,600 E. $60,200

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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An all-equity firm has a net income of $55,300,
depreciation of $4,600, and taxes of $28,500.
What is the firm's operating cash flow?
A. $59,900
B. $58,900
C. $56,850
D. $54,600
E. $60,200
Transcribed Image Text:An all-equity firm has a net income of $55,300, depreciation of $4,600, and taxes of $28,500. What is the firm's operating cash flow? A. $59,900 B. $58,900 C. $56,850 D. $54,600 E. $60,200
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