Difference between cash flow and net income
A firm generates sales of $250,000, depreciation expense of $50,000, taxable income of $50,000, and has a 35% tax rate. What is the difference between its cash flow and its net income?
a) $17,500
b) $50,000
c) $67,500
d) $82,500
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Discussion no word or page limit. Please discuss how high population growth rate fosters innovation and how high population growth encourages more efficient use of resources which leads to longer vitality of the country?
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