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If Net Income = $46,750, Depreciation Expense = $20,000, Interest

Question 162

Multiple Choice

If net income = $46,750, depreciation expense = $20,000, interest expense = $10,000, and the tax rate = 15%, what is operating cash flow?


A) $21,250
B) $72,250
C) $76,750
D) $85,250
E) $93,350

Correct Answer:

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