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Answer the questions attached and show calculations Sales = 200; Gross profit = 140; Operating expenses = 40' Income Tax rate = 40%. What is

Answer the questions attached and show calculations image text in transcribed
Sales = 200; Gross profit = 140; Operating expenses = 40' Income Tax rate = 40%. What is net income? *Show calculations Sales = 200; Gross profit = 140; Operating expenses = 40; Loss from discontinued operations before tax = 50; Income tax rate = 40%. What is the total income expense? *Show calculations Net Income, 1,000; increase in accounts receivable, 100; increase in accounts payable, 100; dividends paid, 100; loss on disposal of investment, 100; gain on disposal of equipment, 100. What is net cash flow from operating activities? *Show calculations

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