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Moby Dick Corporation has sales of $4687053; income tax of $436759; selling, general, and administrative expenses of $263812; depreciation of $399140; cost of goods sold of $2660755; and interest expense of $152163. Calculate the amount of the firm's after-tax cash flow from operations.

Moby Dick Corporation has sales of $4687053; income tax of $436759; selling, general, and administrative expenses of $263812; depreciation of $399140; cost of goods sold of $2660755; and interest expense of $152163. Calculate the amount of the firm's after-tax cash flow from operations.

FINANCIAL ACCOUNTING
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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Moby Dick Corporation has sales of $4687053; income tax of $436759; selling, general, and administrative expenses of $263812; depreciation of $399140; cost of goods sold of $2660755; and interest expense of $152163. Calculate the amount of the firm's after-tax cash flow from operations.
Transcribed Image Text:Moby Dick Corporation has sales of $4687053; income tax of $436759; selling, general, and administrative expenses of $263812; depreciation of $399140; cost of goods sold of $2660755; and interest expense of $152163. Calculate the amount of the firm's after-tax cash flow from operations.
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