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Oswald Corporation reported the following information on operations for 2009:
Revenue = $2,000
Cost of goods sold = $850
Operating expenses =$395
Depreciation =$248
Tax rate =34%
(a) What was Oswald's cash flow from operations?
Oswald also reported that the book value of its fixed capital decreased by $125 from 2008 to 2009. Furthermore, its net working capital increased by $73 between 2008 and 2009
(b) What was Oswald's total cash flow for 2009?
An accountant made the following adjustments at December 31, the end of the accounting period: a. Prepaid insurance, beginning, $400. Payments for insurance during the period, $1,2
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