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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.
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