Question
Profit $3,500 $16,500 $16,500 $21,500 $21,500 Tax (12%) 420 1980 1980 2,580 2,580 Net Profit 3,120 14,520 14,520 18,920 18,920 Cash Flow 5,120 16,520 16,520
Profit
$3,500
$16,500
$16,500
$21,500
$21,500
Tax (12%)
420
1980
1980
2,580
2,580
Net Profit
3,120
14,520
14,520
18,920
18,920
Cash Flow
5,120
16,520
16,520
20,920
20,920
Purchase of Equipment
$10,000
How did they get net proft and cash flow?
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Financial Management Concepts and Applications
Authors: Stephen Foerster
1st edition
013293664X, 978-0132936644
