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Gerry Company has a gross profit of $1,200,000 and depreciation expense of $400,000 . Selling and administrative expense is $250,000 . Given that the tax

Gerry Company has a gross profit of

$1,200,000

and depreciation expense of

$400,000

. Selling and administrative expense is

$250,000

. Given that the tax rate is 21 percent, compute the cash flow from operations for Gerry Company.

image text in transcribed
Gerry Company has a gross profit of $1,200,000 and depreciation expense of $400,000. Selling and administrative expense is $250,000. Given that the tax rate is 21 percent, compute the cash flow from operations for Gerry Company. Gerry Company has a gross profit of $1,200,000 and depreciation expense of $400,000. Selling and administrative expense is $250,000. Given that the tax rate is 21 percent, compute the cash flow from operations for Gerry Company

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