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RTF Oil has total sales of $911,400 and costs of $787,300. Depreciation is $52,600 and the...

RTF Oil has total sales of $911,400 and costs of $787,300. Depreciation is $52,600 and the tax rate is 21 percent. The firm is all-equity financed. What is the operating cash flow?

Multiple Choice

  • $108,410

  • $108,320

  • $109,924

  • $106,417

  • $109,085

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