1. **State the problem:** Calculate the Operating Cash Flow (OCF) for Hammett, Inc. given sales, costs, depreciation, interest expense, and tax rate.
2. **Formula for OCF:**
$$\text{OCF} = \text{EBIT} \times (1 - \text{Tax Rate}) + \text{Depreciation}$$
where EBIT is Earnings Before Interest and Taxes.
3. **Calculate EBIT:**
$$\text{EBIT} = \text{Sales} - \text{Costs} - \text{Depreciation}$$
$$= 34630 - 10340 - 2520 = 21770$$
4. **Calculate tax on EBIT:**
$$\text{Tax} = \text{EBIT} \times \text{Tax Rate} = 21770 \times 0.35 = 7619.5$$
5. **Calculate Net Operating Profit After Taxes (NOPAT):**
$$\text{NOPAT} = \text{EBIT} - \text{Tax} = 21770 - 7619.5 = 14150.5$$
6. **Calculate OCF:**
$$\text{OCF} = \text{NOPAT} + \text{Depreciation} = 14150.5 + 2520 = 16670.5$$
**Final answer:**
$$\boxed{16670.5}$$
Operating Cash Flow D8A0C8
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