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Please help answer C, I got A & B correct but but C 7. Sheryls Shipping had sales last year of $15,500. The cost of
Please help answer C, I got A & B correct but but C
7. Sheryls Shipping had sales last year of $15,500. The cost of goods sold was $7,600, general and administrative expenses were $2,100, interest expenses were $1,600, and depreciation was $2,100. The firms tax rate is 21%.
- What are earnings before interest and taxes?
- What is net income?
- What is cash flow from operations?
Answer is complete but not entirely correct.
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