RTF Oil has total sales of $911,400 and costs, excluding depreciation, of $787,300. Depreciation is $39,895 and the tax rate is 21 percent. The firm is all-equity financed. What is the operating cash flow?

You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?