Hammond Suspension Inc.'s Statement of Cash Flow reveals that this year's cash flow from operations is $57300. Depreciation expense is recorded to be $7650 and change in net working capital is -$8200. Hammond Suspension Inc. is subjected to 20% corporate tax and paid $620 interest expense. Calculate the operating income for Hammond Suspension Inc. . $52,432.5 O. $71,557.5 Oc. $72,932.5 d. $90,817.5 е. 2. $92,057.5

Hammond Suspension Inc.'s Statement of Cash Flow reveals that this year's cash flow from operations is $57300. Depreciation expense is recorded to be $7650 and change in net working capital is -$8200. Hammond Suspension Inc. is subjected to 20% corporate tax and paid $620 interest expense. Calculate the operating income for Hammond Suspension Inc. . $52,432.5 O. $71,557.5 Oc. $72,932.5 d. $90,817.5 е. 2. $92,057.5

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Provide a complete solution and answer for the given problem in the attached image.
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Please helppp, this is for financial mathematics, thank youuuuuuuu
Where did you get the $5000 on d??
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