1 the signal company has operating income of 600000 the, Ask an Expert

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1. The signal company has operating income of $600,000. The company's depreciation expense is $100,000 and it has a 40% tax rate. If the company has $50,000 in annual interest expense, calculate the net income and cash flow.

2. Distinguish between income statements and cash flow statements. Why do company need both?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92804352

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