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Sheryl's Shipping had sales last year of $15,000. The cost of goods sold was $7,500, general and administrative expenses were $2,000, interest expenses were $1,500, and depreciation was $2,000. The firm's tax rate is 30%.
a. What are the earnings before interest and taxes?
b. What is net income?
c. What is cash flow from operations?
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Corporate Communication- Categorize the employees into five groups. Specify the reasons for this categorization.
A marketing manager is trying to determine the advertising mix for a new product. Three types of ads are being considered: radio, TV and newspaper. The firm's ad agency has provided the following data:
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