Cardinal Industries had the following operating results for 2018: Sales = $33,106; Cost of goods sold =
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Question:
The tax rate for 2018 was 22 percent.
a. What is net income for 2018? (Do not round intermediate calculations.)
b. What is the operating cash flow for 2018? (Do not round intermediate calculations.)
c. What is the cash flow from assets for 2018? (Do not round intermediate calculations.
A negative answer should be indicated by a minus sign.)
Related Book For
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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