What was company operating cash flow

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Reference no: EM133148899

During the year, the Senbet Discount Tire Company had gross sales of $535,900. The company's cost of goods sold and selling expenses were $176,600 and $103,200, respectively. The company also had debt of $482,000, which carried an interest rate of 7 percent. Depreciation was $61,500. The tax rate was 22 percent.

a. What was the company's net income?

b. What was the company's operating cash flow?

Reference no: EM133148899

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