RTF Oil has total sales of $911,400 and costs, excluding depreciation, of $787,300. Depreciation is $39,895, and the tax rate is 25 percent. The firm is all-equity financed. What is the operating cash flow? $103,049 $106,417 $94,193 $100,048 $98,839

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter17: Multinational Capital Structure And Cost Of Capital
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RTF Oil has total sales of $911,400 and costs, excluding depreciation, of $787,300. Depreciation is
$39,895, and the tax rate is 25 percent. The firm is all-equity financed. What is the operating cash
flow?
$103,049
$106,417
$94,193
$100,048
$98,839
Transcribed Image Text:RTF Oil has total sales of $911,400 and costs, excluding depreciation, of $787,300. Depreciation is $39,895, and the tax rate is 25 percent. The firm is all-equity financed. What is the operating cash flow? $103,049 $106,417 $94,193 $100,048 $98,839
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