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I need help solving the following problems: Answer to: #1 is $395.60 and #2 is 28.60% Microsoft has total sales of $1, 220. Costs are
I need help solving the following problems:
Answer to: #1 is $395.60 and #2 is 28.60%
Microsoft has total sales of $1, 220. Costs are $680 and depreciation is $110. The interest expenses for the year is $50. The tax rate for the year is 38%. What is Microsoft's operating cash flow for the year? 2 The Samurai Co. had $161,100 in taxable income. What is the average tax rate? Use the table given. Answer must be in percentage and two decimal pointsStep by Step Solution
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