The Blossom Mills Company has just disclosed the following financial information in its annual report: sales of
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Question:
The Blossom Mills Company has just disclosed the following financial information in its annual report: sales of $1.48 million, cost of goods sold of $819,200, depreciation expenses of $181,700, and interest expenses of $96,100. Assume that the firm has an average tax rate of 29 percent. Compute the cash flows to investors from operating activity. Cash flow from operating activity.
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