Business
Business, 14.02.2020 00:30, mathhelppls14

For Fiscal Year 2020, Precision Masters had sales of $42,900, cost of goods sold of $26,800, depreciation expense of $1,900, interest expense of $1,300, and dividends paid of $1,000. At the beginning of the year, net fixed assets were $14,300, current assets were $8,700, and current liabilities were $6,600. At the end of the year, net fixed assets were $13,900, current assets were $9,200, and current liabilities were $7,400. The tax rate was 34 percent. What is the cash flow from assets for Fiscal Year 2020?a. $10,514b. $9,914c. $11,114d. $9,360e. $11,970

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For Fiscal Year 2020, Precision Masters had sales of $42,900, cost of goods sold of $26,800, depreci...

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