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During the year, the Senbet Discount Tire Company had gross sales of 5556,900 . The company's cost of goods sold and selling expenses were $189.200
During the year, the Senbet Discount Tire Company had gross sales of 5556,900 . The company's cost of goods sold and selling expenses were $189.200 and $110,200 respectively. The company also had debt of $496,000, which carried an interest rate of 6 percent Depteciation was $65,700. The tax rate was 21 percent 6. What was the company's net income? (Do not round intermediate colculations and round your answer to the nearest whole number, e.g.. 32) b. What was the company's operating cash flowi (Do not round intermediate calculations ond round your enswer to the nearest whole number, e1,32.1
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