A company has net income of 2500 and profit margin of 15, Ask an Expert

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A company has net income of $2500 and profit margin of 15%. The company’s depreciation expense for the year was $300, interest expense was $200, and the average tax rate is 30%.

a. What was the company’s taxable income?

b. What was the company’s EBIT?

c. What was the company’s Operating Cash Flow?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92883954

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