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Gerry Company has a gross profit of $900,000 and depreciation expense of $360,000. Selling and administrative expense is $122,000. Given that the ax rate is
Gerry Company has a gross profit of $900,000 and depreciation expense of $360,000. Selling and administrative expense is $122,000. Given that the ax rate is 43 percent, compute the cash flow from operations for Gerry Company Multiple Choice O $121,957 $598,260 $600,760 $540,000
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