Determine the operationg cash flow for the current year

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Depreciation and accounting cash flow: A firm in the third year of depreciating its only asset, which originally cost $180,000 and has a 5-year MACRS recovery period, has gathered the following data relative to the current year s operations:

a. Use relevant data to determine the operationg cash flow for the current year.

b. Explain the impact that depreciation, as well as any other noncash charges, has on a firm s cash flows.

Reference no: EM13328067

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