Sheryls shipping had sales last year of 11500 the cost of


Sheryl's Shipping had sales last year of $11,500. The cost of goods sold was $6,800, general and administrative expenses were $1,300, interest expenses were $800, and depreciation was $1,300. The firm's tax rate is 35%.

a. What are earnings before interest and taxes?

b. What is net income?

c. What is cash flow from operations?

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Financial Management: Sheryls shipping had sales last year of 11500 the cost of
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