Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN: 9781337395083
Author: Eugene F. Brigham, Phillip R. Daves
Publisher: Cengage Learning
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Transcribed Image Text:Operating cash flow. Find the operating cash flow for the year for Harper Brothers, Inc. if it had sales revenue of $303,400,000, cost of goods sold of $139,600,000, sales and
administrative costs of $39,700,000, depreciation expense of $68,900,000, and a tax rate of 40%.
The operating cash flow is $
(Round to the nearest dollar.)
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