Earnings before interest

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Sheryl's Shipping had sales last year of $19,000. The cost of goods sold was $8,300, general and administrative expenses were $2,800, interest expenses were $2,300, and depreciation was $2,800. The firm's tax rate is 35%.

a. What are earnings before interest and taxes?

 Earnings before interest and taxes

b. What is net income?

  Net income

c. What is cash flow from operations?

Cash flow from operations

 

 

Reference no: EM13915449

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