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What were cash flows from operating activities

Timber firewood company reported the following numbers in its 2010 income statement:

EBIT $520,000
Depreciation $35,000
Interest expenses $24,000
General expenses $110,000

If it's marginal tax rate was 30%, what were Timber's cash flows from operating activities for 2010?

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What were cash flows from operating activities

Reference No:- TGS0674459

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What were cash flows from operating activities

Reference No:- TGS0674459

Recent Questions Asked Finance Basics

Q : Determine intrinsic value of the bond

Q : Prepare the journal entry to record rockin company

Q : The social security benefits to be listed as an asset

Q : Calculating the net working capital

Q : What were cash flows from operating activities

Q : Variable costing income statement

Q : Determining the value of the current assets

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Q : What was the amount of direct materials charged

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