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Building an Income Statement and Calculating Operating Cash Flow zeng LLC has sales of $1,601,600, costs of $701,300, depreciation expense of $39,000, interest expense of
Building an Income Statement and Calculating Operating Cash Flow
zeng LLC has sales of $1,601,600, costs of $701,300, depreciation expense of $39,000, interest expense of $14,500, and a tax of 35 percent. What is the net income for this bussiness?
Lets say the company paid out $41,000 in cash dividends. What is the addition to retained earnings? What is the companys operating cash flow?
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