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2-6 Hightech wireless just published its current income statement, which shows net income equal to $240,000. The statement also shows that operating expenses were $500,000
2-6 Hightech wireless just published its current income statement, which shows net income equal to $240,000. The statement also shows that operating expenses were $500,000 before including depreciation, depreciation was $100,000, and the tax rate was 40 percent. If HighTech has no debt, what were its sales revenue? What was its net cash flow? Please show work
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