Compute cash flows to investors from operating activity

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Question

The Cullumber Mills Company has just disclosed the following financial information in its annual report: sales of $1.46 million, cost of goods sold of $813,200, depreciation expenses of $175,700, and interest expenses of $90,100. Assume that the firm has an average tax rate of 29 percent. Compute the cash flows to investors from operating activity.

Reference no: EM133879943

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