CBC Industries has sales of $21,415, interest paid of $1,282, costs of $9,740, and depreciation of $1,480. What is the operating cash flow if the tax rate is 22 percent?
A) $10,114.14
B) $9,900.86
C) $8,985.86
D) $8,536.67
E) $9,714.14
Correct Answer:
Verified
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