Atlantis Industries has sales of $8,245,670; income tax of $728,950; operating expenses of $524,830; depreciation of $612,480; cost of goods sold of $5,186,420; and interest expense of $278,590. Calculate the amount of the firm's after-tax cash flow from operations.

Atlantis Industries has sales of $8,245,670; income tax of $728,950; operating expenses of $524,830; depreciation of $612,480; cost of goods sold of $5,186,420; and interest expense of $278,590. Calculate the amount of the firm's after-tax cash flow from operations.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 11P: The Berndt Corporation expects to have sales of 12 million. Costs other than depreciation are...

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Atlantis Industries has sales of $8,245,670; income tax of $728,950; operating
expenses of $524,830; depreciation of $612,480; cost of goods sold of
$5,186,420; and interest expense of $278,590. Calculate the amount of the
firm's after-tax cash flow from operations.

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