Toby's Pizza has total sales of $987,611 and costs of $724,268. Depreciation is $39,740 and the tax rate is 34 percent. The firm does not have any interest expense. What is the operating cash flow?
A) $147,577.98
B) $187,317.98
C) $191,417.06
D) $213,008.14
E) $223,603.00
Correct Answer:
Verified
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