Solution-What is the net cash flow for the year ending

What is the net cash flow for the year ending december

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Reference no: EM132534227

Using the information below, create Statement of Cash Flow for the year ending December 31, 2018. Operating activities resulted in EBITDA of $500,000. Depreciation for the year was $42,000. Interest paid on loans was $24,000, and principal was $20,000. Hotel has a 35% income tax rate.

EBITDA
Depreciation
Interest on Loan
EBT
Tax
NET INCOME
Depreciation
Loan Principal
NET CASH FLOW

Question 1: What is the Net Cash Flow for the year ending December 31, 2018?

Select one:

a. 274,700

b. 220,100

c. 304,100

d. 344,100

Reference no: EM132534227

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What is the net cash flow for the year ending december

Reference no: EM132534227

Reference no: EM132534227

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