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income statement . sheryls shipping had sales last year of $10,000. The cost of good sold was $6,500, general and administrative expenses were $1,000, interest expenses were $500, and depreciation was $1,000. The firm tax rate is 35%. a. what are the earnings before interest and taxes? b. what is net income ? c. what is cash flow from operations?.

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income statement . sheryls shipping had sales last year of $10,000. The cost of good sold was $6,500, general and administrative expenses were $1,000, interest expenses were $500, and depreciation was $1,000. The firm tax rate is 35%. a. what are the earnings before interest and taxes? b. what is net income ? c. what is cash flow from operations?

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income statement sheryls shipping had sales last year of .pdf

  • 1. income statement . sheryls shipping had sales last year of $10,000. The cost of good sold was $6,500, general and administrative expenses were $1,000, interest expenses were $500, and depreciation was $1,000. The firm tax rate is 35%. a. what are the earnings before interest and taxes? b. what is net income ? c. what is cash flow from operations?