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National Co.' operating income (EBIT) is P500,000. The company's tax rate is 25 percent, and its operating cash flow is P230,000. The company's interest expense is P100,000. What is the company's net cash flow? (Assume that depreciation is the only non-cash item in the firm's financial statements.) * A

National Co.' operating income (EBIT) is P500,000. The company's tax rate is 25 percent, and its operating cash flow is P230,000. The company's interest expense is P100,000. What is the company's net cash flow? (Assume that depreciation is the only non-cash item in the firm's financial statements.) * A

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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National Co.' operating income (EBIT) is P500,000. The company's tax rate is 25 percent, and its operating cash flow is P230,000. The company's interest expense is P100,000. What is the company's net cash flow? (Assume that depreciation is the only non-cash item in the firm's financial statements.) * Sample format: 111,111
Transcribed Image Text:National Co.' operating income (EBIT) is P500,000. The company's tax rate is 25 percent, and its operating cash flow is P230,000. The company's interest expense is P100,000. What is the company's net cash flow? (Assume that depreciation is the only non-cash item in the firm's financial statements.) * Sample format: 111,111
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