Question: ABC Ltd. reported (under the GAAP) cash flow from operations of $5,250 million for the 2015 financial year. During the year, ABC made interest payments
ABC Ltd. reported (under the GAAP) cash flow from operations of $5,250 million for the 2015 financial year. During the year, ABC made interest payments of $1,350 million and received $600 million in interest receipts from T-bills that it held. ABC has a tax rate of 35%. What was cash flow from operations in 2015 for ABC?
Select one:
a.
$5,250 million
b.
$6,000 million
c.
$5,738 million
d.
$5,513 million
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