we blackboard.com/atta/course/ 1964 /outlineident:255409 t/overview/attempt 697099 17courseld_8964 1 Question 4 1 Point Gerry Co. has a gross profit of $1,200,000 and depreciation expense of $400,000.

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we blackboard.com/atta/course/ 1964 /outlineident:255409 t/overview/attempt 697099 17courseld_8964 1 Question 4 1 Point Gerry Co. has a gross profit of $1,200,000 and depreciation expense of $400,000. Selling and administrative expense is $250,000 Given that the tax rate is 21 percent, compute the cash flow from operations for Gerry Co. $834,500 B) $550,000 $330,000 None of the options Question 5 1 Point Compute the cash flows from operations using the indirect method if Star Corporation had $250,000 in net income, $30,000 in depreciation expense, a decrease of $20,000 in accounts receivable and an increase in bonds payable of $50,000 A) 370,000 B) $300,000 $250,000 $310,000