A company has sales of $1,250,000,cost of goods sold of $750,000,depreciation expenses of $250,000 and interest expenses of $55,000.If the company's tax rate is 34% and the income statement is complete,what is this firm's operating cash flow?
A) $183,700
B) $433,700
C) $165,000
D) $415,000
Correct Answer:
Verified
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