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Problem 1: A business reported sales of $768,000, cost of goods sold of $534,000, and operating expenses of $142,000. Within the category operating expenses is $14,200 of depreciation and amortization expenses. The firm's marginal income tax is 35%. Calculate the firm's operation cash flow.
Select one:
a. $76,500b. $59,800c. $74,000d. $62,000e. $51,600
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Which the traditional approach towards the valuation of a company assumes? Which Long-term debt, preferred stock, and common stock equity
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