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Sheryl's Shipping had sales last year of $14,000. The cost of goods sold was $7,300, general and administrative expenses were $1,800, interest expenses were $1,300,
Sheryl's Shipping had sales last year of $14,000. The cost of goods sold was $7,300, general and administrative expenses were $1,800, interest expenses were $1,300, and depreciation was $1,800. The firm's tax rate is 40%. o. What are earnings before interest and taxes? Earnings before interest and taxesS 3,100 b. What is net income? Net income c. What is cash flow from operations? Cash flow from operations
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