Moby dick corporation has sales of $4,973,170; income tax of $460,265; selling, general, and administrative expenses of $250,072; depreciation of $378,347; cost of goods sold of $2,601,240; and interest expense of $135,580. Calculate the amount of the firm's after-tax cash flow from operations?

Moby dick corporation has sales of $4,973,170; income tax of $460,265; selling, general, and administrative expenses of $250,072; depreciation of $378,347; cost of goods sold of $2,601,240; and interest expense of $135,580. Calculate the amount of the firm's after-tax cash flow from operations?

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 1RE: Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of...

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Calculate the amount of the firm's after tax cash flow from operations? General accounting

Moby dick corporation has sales of $4,973,170; income
tax of $460,265; selling, general, and administrative
expenses of $250,072; depreciation of $378,347; cost of
goods sold of $2,601,240; and interest expense
of $135,580. Calculate the amount of the firm's after-tax
cash flow from operations?

Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).

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