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Sheryl's Shipping had sales last year of $12,000. The cost of goods sold was $6,900, general and administrative expenses were $1,400, interest expenses were $900,
Sheryl's Shipping had sales last year of $12,000. The cost of goods sold was $6,900, general and administrative expenses were $1,400, interest expenses were $900, and depreciation was $1,400. 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
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