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Sheryls Shipping had sales last year of $15,500. The cost of goods sold was $7,600, general and administrative expenses were $2,100, interest expenses were $1,600,

Sheryls Shipping had sales last year of $15,500. The cost of goods sold was $7,600, general and administrative expenses were $2,100, interest expenses were $1,600, and depreciation was $2,100. 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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