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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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