Business
Business, 30.06.2021 02:30, huwoman

Hot and Cold has annual sales of $950,000, annual depreciation of $125,000, and net working capital of $243,000. The tax rate is 40 percent and the profit margin is 8 percent. The firm has no interest expense. What is the amount of the operating cash flow?

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Hot and Cold has annual sales of $950,000, annual depreciation of $125,000, and net working capital...

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