Graff, Incorporated, has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000. If the tax rate is 23 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Operating cash flow

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Graff, Incorporated, has sales of $50,000, costs of $23,000, depreciation expense of
$2,250, and interest expense of $2,000. If the tax rate is 23 percent, what is the
operating cash flow, or OCF? (Do not round intermediate calculations and round your
answer to the nearest whole number, e.g., 32.)
Operating cash flow
2
#3
3
89
$
4
000
000
%
5
< Prev
13 of 13 #
MacBook Pro
6
&
7
Next >
8
Transcribed Image Text:ok ences Mc Graw Hill Graff, Incorporated, has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000. If the tax rate is 23 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Operating cash flow 2 #3 3 89 $ 4 000 000 % 5 < Prev 13 of 13 # MacBook Pro 6 & 7 Next > 8
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