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Solve the after tax cash flow from operations

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Reference no: EM132646930

Ones Company Financial Information

                                                        December 2008                    December 2009

Net income                                     $1,500                                $3,000

Accounts receivable                             750                                     750

Accumulated depreciation                       1,125                              1,500

Common stock                                         4,500                           5,250

Paid-in capital                                           7,500                          8,250

Retained earnings                                         1,500                         2,250

Accounts payable                                          750                              750

Question a: Calculate the after tax cash flow from operations for 2009 (no assets were disposed of during the year, and there was no change in interest payable or taxes payable)

1. $4,500

2. $3,375

3. $3,900

4. $2,980

Reference no: EM132646930

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