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Cashflows During the year, Dole Cola, Inc., had sales and cost of goods sold of $600 and $300, respectively. Depreciation was $150 and interest paid

Cashflows During the year, Dole Cola, Inc., had sales and cost of goods sold of $600 and $300, respectively. Depreciation was $150 and interest paid was $30. Taxes were calculated at a straight 34 percent. Dividends were $30. (All figures are in millions of dollars). Suppose beginning net fixed assets were $500 and ending net fixed assets were $750. Dole Cola started the year with $2,130 in current assets and $1,620 in current liabilities, and the corresponding ending figures were $2,260 and $1,710.

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