Le Place has sales of €439,000, depreciation of €32,000, and net working capital of €56,000.The firm has a tax rate of 34% and a profit margin of 6%.The firm has no interest expense.What is the
Amount of the operating cash flow?
A) €49,384
B) €52,616
C) €54,980
D) €58,340
E) €114,340
Correct Answer:
Verified
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