Bellingham Inc. had the following activity last year: 

Sales                                                                  $300,000 

Cost of goods sold                                             $170,000 

Depreciation expense                                        $25,000 

other selling and administrative expenses         $95,000 

income tax expense                                           $3,000 

What was the estimated net cash flow for the year?

Answer rating: 100% (QA)

sales300000 cost of goods sold170000 selling and administra... View the full answer