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Assignment: Cash Flow
Sales
$ 43,800
Costs
22,700
Depreciation Expense
2,100
Interest Expense
1,600
Tax rate
35%
If the tax rate is 35 percent, what is the operating cash flow, or OCF? Must show each step in a table
Explain why depreciation and interest expense are included in the income statement (or net income amount), but not in operating cash flow.
1. lifeline inc. has sales of 601000 costs of 257000 depreciation expense of 63000 interest expense of 30000 and a tax
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