Webster world has sales of $13,800, costs of $5800, depreciation expense of $1100, and interest expense of $700. What is the OCF if the tax rate is 23 percent?

Intermediate Financial Management (MindTap Course List)
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Author:Eugene F. Brigham, Phillip R. Daves
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Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 10P: The Moore Corporation has operating income (EBIT) of 750,000. The companys depreciation expense is...
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Webster world has sales of $13,800, costs of $5800, depreciation expense of $1100, and interest expense of $700. What is the OCF if the tax rate is 23 percent?
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