Sheryl's Shipping had sales last year of $10,000. The cost of goods sold was $6,500, general and administrative expenses were $1,000, interest expenses were $500, and depreciation was $1,000. The firm's tax rate is 35%.
a. What are earnings before interest and taxes?
b. What is net income?
c. What is cash flow from operations?
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Sheryl's Shipping had sales last year of $10,000. The cost of goods sold was $6,500, general and adm...
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