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Sheryls Shipping had sales last year of $10,500. The cost of goods sold was $6,600, general and administrative expenses were $1,100, interest expenses were $600,
Sheryls Shipping had sales last year of $10,500. The cost of goods sold was $6,600, general and administrative expenses were $1,100, interest expenses were $600, and depreciation was $1,100. The firms tax rate is 21%. a. What are earnings before interest and taxes? b. What is net income? c. What is cash flow from operations?
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