During 2 0 2 3 , Zach Industries had sales of $ 1 6 0 , 0
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Question:
During 2023 Zach Industries had sales of $160,000, costs of goods sold of $106,000 selling expense of $16,000, general and administrative expenses of $10,000, depreciation expenses of $10,000, interest expense of $6,100 The tax
rate is of 40%.
(a) What were Zachs earnings before interest and taxes for 2023?b) What was Zachs net income?
(c) What was its operating cash flow?
Related Book For
Principles Of Managerial Finance
ISBN: 978-0136119463
13th Edition
Authors: Lawrence J. Gitman, Chad J. Zutter
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