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Sheryl's Shipping had sales last year of $11,500. The cost of goods sold was $6,800, general and administrative expenses were $1,300, interest expenses were $800,

image text in transcribed Sheryl's Shipping had sales last year of $11,500. The cost of goods sold was $6,800, general and administrative expenses were $1,300, interest expenses were $800, and depreciation was $1,300. The firm's tax rate is 21%. a. What are earnings before interest and taxes? b. What is net income? c. What is cash flow from operations? Answer is complete but not entirely correct

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