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Check Griffin's Goat Farm, Inc., has sales of $674,000, costs of $355,000, depreciation expense of $41,000, interest expense of $22,000, and a tax rate of
Check Griffin's Goat Farm, Inc., has sales of $674,000, costs of $355,000, depreciation expense of $41,000, interest expense of $22,000, and a tax rate of 21 percent. What is the net income for this firm? Multiple Choice Check my The 2017 balance sheet of Kerber's Tennis Shop, Inc., showed long-term debt of $2.55 million, and the 2018 balance sheet showed long-term debt of $4.25 million. The 2018 income statement showed an interest expense of $370,000. What was the firm's cash flow to creditors during 2018? Multiple Choice
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