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From the income statement accounts on the next page:
a. Produce the income statement for the year
b. Produce the operating cash flow for the year
Income Statement Accounts
For the Year Ending 2011
Cost of Goods Sold ... $345,000
Interest Expense ...... $ 82,000
Taxes ......... $ 42,000
Revenue ........ $744,000
SG&A Expenses ..... $ 66,000
Depreciation ...... $112,000
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what sort of hypothetical example questions should be asked about his position and such? I'm a bit stumped on coming up with something appropriate with his position. Any ideas?
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