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Question: Calculate the cash flow from assets and explain if this is possible. Microsoft had a gross revenue (AKA sales) of $203,075 million with Cost
Question: Calculate the cash flow from assets and explain if this is possible.
Microsoft had a gross revenue (AKA sales) of $203,075 million with Cost of Goods Sold equal to $64,456 million over the last 12 months. Its Selling, General, and Administration expenses were $28,415 million. Assume the company has depreciation expense of $25,541 million, with $45,374 million in notes payable that have a 4.58% interest rate. At the beginning of the year, net fixed assets were $70,803 million, current assets were $184,406 million, and current liabilities were $88,657 million. At the end of the year, net fixed assets were $90,384 million, current assets were $160,812 million, and current liabilities were $87,389 million. Using a flat corporate tax rate of 21% and only the information in thisStep by Step Solution
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