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Blackboard QUESTION 8 Use the following IS and balance sheets for ABC to calculate the annual cash build rate for the year 2006. ABC Income
Blackboard QUESTION 8 Use the following IS and balance sheets for ABC to calculate the annual cash build rate for the year 2006. ABC Income Statement Ending Dec. 31s 005 $1,800,000 ,080,000 20.000 180,000 500,000 80,000 -40,000 90,000 130,000 Net Sales CoGs Gross Prost 3,000,000 1,800,000 1,200,000 300,000 00500,000 80,000 320,000 120,000 Marketng Expenses General Administrative (G&A Expenses Depreciation expense EBIT Interest EBT Taxes Net Income 200,000 50,000 130,000 150,000 Dividends 70,000 Change in Retained Earnings 80,000 lick Save and Submit to save and submit. Click Save All Answers to save all answers
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