Hailey, Inc., has sales of $38,530, costs of $12,750, Calculating OCF. depreciation expense of $2,550,...
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Hailey, Inc., has sales of $38,530, costs of $12,750, Calculating OCF. depreciation expense of $2,550, and interest expense of $1,850. If the tax rate is 35 percent, what is the operating cash flow, or OCF? Calculating Net Capital Spending. 31, 2015, balance sheet showed net fixed assets of $1,975,000, and the December 31, 2016, balance sheet showed net fixed assets of $2,134,000. The company's 2016 income statement showed a depreciation expense of $325,000. What was the company's net capital spending for 2016? 7. 8. Rotweiler Obedience School's December
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