Question
Gardening has net sales of $500,000, free cash flow of $33,500, depreciation expense of $1,800, interest expense of $900, the tax rate of 35%, additions
Gardening has net sales of $500,000, free cash flow of $33,500, depreciation expense of $1,800, interest expense of $900, the tax rate of 35%, additions to net working capital of $2,400, and capital expenditures of $11,700. calculate the profit margin of Gardening?
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Understanding Financial Accounting
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
1st Canadian Edition
1118849388, 9781119048572, 978-1118849385
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