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Calculate the operating cash flow for Corrections Corporation of America. (Assume that depreciation is tax deductible.)
Corrections Corporation of America
Income Statement
($000's)
Revenue
$1,598,906
Cost of Goods Sold
1,124,002
SG&A
80,308
Depreciation Expense
90,809
EBIT
303,737
Interest Expense
59,696
Income Before Taxes
244,091
Taxes
93,150
Net Income
$150,941
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