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Luke Inc. has the following income statement. How much net cash flow does the firm have? Sales $2,000.00 Costs 1,200.00 Depreciation 100.00 _______________________ EBIT $
Luke Inc. has the following income statement. How much net cash flow does the firm have?
Sales $2,000.00
Costs 1,200.00
Depreciation 100.00
_______________________
EBIT $ 700.00
Interest Expense 200.00
________________________
EBT $ 500.00
Taxes (35%) 175.00
________________________
Net Income $ 325.00
a. $370.60
b. $425.00
c. $410.64
d. $432.25
e. 455.00
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