1. Ridiculousness, Inc., has sales of $43,500, costs of $19,900, depreciation expense of $1,600, and interest expense of $1,100. If the tax rate is 35 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations.) Operating cash flow $
2. You are an American based corporate treasurer with $17,745,000 to invest. The dollar-euro exchange rate is quoted as $1.60 = €1.00 an American interest rate of 3.345% and the dollar-pound exchange rate is quoted at $2.00 = £1.00 with a British interest rate of 4.283%. If a bank quotes you a cross rate of £1.00 = €1.20 how can you make money?