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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
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?

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?
Transcribed Image Text: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?
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