SnowyKittenz3067 SnowyKittenz3067

27-05-2023
Business

Answered

Peter's Boats has sales of $760,000 and a profit margin of 5%. The annual depreciation expense is $80,000. What is the amount of the operating cash flow if the company has no long-term debt?

a. $120,400

b. $34,000

c. $86,400

d. $118,000

Answer :

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