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Disturbed, Inc., had the following operating results for the past year: sales = $22,676; depreciation =...

Disturbed, Inc., had the following operating results for the past year: sales = $22,676; depreciation = $1,440; interest expense = $1,160; costs = $16,555. The tax rate for the year was 38 percent. What was the company's operating cash flow?

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Answer #1
Sales $22,676
Costs $16,555
Depreciation $1,440
EBIT $4,681
Interest $1,160
Taxable income $3,521
Taxes(38%) $1,338
Net income $2,183

Operating cash flow = EBIT + Depreciation - Taxes

Operating cash flow = $4,681 + $1,440 - $1,338

Operating cash flow = $4,783

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