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What was the company operating cash flow

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During the year, the Senbet Discount Tire Company had gross sales of $1.15 million. The company's cost of goods sold and selling expenses were $534,000 and $224,000, respectively. The company also had debt of $890,000, which carried an interest rate of 5 percent. Depreciation was $139,000. The tax rate was 40 percent.

Problem a. What was the company's net income?

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

Reference no: EM132856564

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