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The Beach House has sales of $760,000 and a profit margin of 6%. The annual depreciation expense is $80,000. What is the amount of the operating cash flow if the company has no long-term debt?

The Beach House has sales of $760,000 and a profit margin of 6%. The annual depreciation expense is $80,000. What is the amount of the operating cash flow if the company has no long-term debt?

Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 11P: The Berndt Corporation expects to have sales of 12 million. Costs other than depreciation are...
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The Beach House has sales of $760,000 and a profit margin of 6%. The annual depreciation expense is $80,000. What is the amount of the operating cash flow if the company has no long-term debt?
Transcribed Image Text:The Beach House has sales of $760,000 and a profit margin of 6%. The annual depreciation expense is $80,000. What is the amount of the operating cash flow if the company has no long-term debt?
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