Question
Ship-to-Shore had earnings after tax (EAT) of $280,000 last year. Its expenses included depreciation of $55,000, interest of $40,000. It purchased new equipment for $20,000.
Ship-to-Shore had earnings after tax (EAT) of $280,000 last year. Its expenses included depreciation of $55,000, interest of $40,000. It purchased new equipment for $20,000. The company also sold stock for $40,000. What is Ship-to-Shore s net cash flow for last year?
DO NOT COPY FROM CHEGG I NEED FULL EXPLANATION
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Finance
Authors: Ehsan Nikbakht, A A Groppelli
6th Edition
0764147595, 9780764147593
