Multiple Choice
The Beach House has sales of $784,000 and a profit margin of 8 percent.The annual depreciation expense is $14,000.What is the amount of the operating cash flow if the company has no long-term debt?
A) $68,760
B) $72,240
C) $74,240
D) $76,720
E) $81,760
Correct Answer:
Verified
Correct Answer:
Verified
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