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XYZ has an EBIT of $3,000; Interest of $500 and pays taxes at the rate of 34 percent. What is the net income and Operating
XYZ has an EBIT of $3,000; Interest of $500 and pays taxes at the rate of 34 percent. What is the net income and Operating cash flow of XYZ if the company has a depreciation of $850? A. $1650 and $3,000 respectively B. $880 and $1,340 respectively C. $1,600 and $2,800 respectively D. $860 and $3 160 respectively E. $640 and $2,610 respectively
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