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