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Clairvoyant Technologies Inc. has the following financial data: Sales: 10,500,000; Costs: 3,500,000; Depreciation: 1,000,000; EBIT: 6,000,000; Taxable Income (EBT): 5,000,000; Taxes paid: 1,050,000; Net Income:
Clairvoyant Technologies Inc. has the following financial data:
Sales: 10,500,000; Costs: 3,500,000; Depreciation: 1,000,000; EBIT: 6,000,000; Taxable Income (EBT): 5,000,000; Taxes paid: 1,050,000; Net Income: 3,950,000; Dividends paid: 500,000; 2019 LTD: 2,200,000; 2019 Common Stock: 7,600,000; 2018 LTD: 2,400,000; 2018 Common Stock: 7,500,000
Question 10: What was the firm's Cash Flow From in 2019?
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