Multiple Choice
Le Place has sales of $439,000,depreciation of $32,000,and net working capital of $56,000. The firm has a tax rate of 34% and a profit margin of 6%. The firm has no interest expense. What is the amount of the operating cash flow?
A) $49,384
B) $52,616
C) $54,980
D) $58,340
E) $114,340
Correct Answer:
Verified
Correct Answer:
Verified
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