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Use the data from the following financial statements shown below. The company paid interest expense of $17,600 for 2014 and had an overall tax rate
Use the data from the following financial statements shown below. The company paid interest expense of $17,600 for 2014 and had an overall tax rate of 40% for 2014. Find the cash flow from assets for? 2014, and break it into its three? parts: operating cash? flow, capital? spending, and change in net working capital.
Partial Income Statement Year Ending 2014 Sales revenue Cost of goods sold Fixed costs Selling, general, and administrative expenses Depreciation $349,900 $142,000 $43,100 $28,200 $46,200Step by Step Solution
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