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Please answer both questions. Moby Dick Corporation has sales of $4,669,871; income tax of $370,829; the selling, general and administrative expenses of $241,476; depreciation of
Please answer both questions.
Moby Dick Corporation has sales of $4,669,871; income tax of $370,829; the selling, general and administrative expenses of $241,476; depreciation of $338,493; cost of goods sold of $2,541,183; and interest expense of $167,275. Calculate the amount of the firm's after-tax cash flow from operations? The local home improvement store has a washing machine on sale for $1,039, with the payment due in 3 year(s) from today. The store is willing to discount the price at an annual rate of 2 percent (compounded annually) if you pay today. What is the amount if you pay for the washing machine today? Round the answer to two decimal placesStep by Step Solution
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