Question: HighTech Wireless just published its 2014 income statement, which shows net income equal to $240,000. The statement also shows that operating expenses were $500,000 before
HighTech Wireless just published its 2014 income statement, which shows net income equal to $240,000. The statement also shows that operating expenses were $500,000 before including depreciation, depreciation was $100,000, and the tax rate was 40 percent. If HighTech has no debt, what were its sales revenues in 2014? What was its 2014 net cash flow
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