Question: I got B I need A During 2018, Raines Umbrella Corp. had sales of $754,000. Cost of goods sold, administrative and selling expenses, and depreciation

I got B I need A

During 2018, Raines Umbrella Corp. had sales of $754,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $459,000, $101,500, and $147,000, respectively. In addition, the company had an interest expense of $73,200 and a tax rate of 24 percent. (Ignore any tax loss carryforward provisions and assume interest expense is fully tax deductible.) points 8 04:25:46 o. What is the company's net income/loss for 2018? (Do not round Intermediate calculations. Enter your answer as a positive value.) b. What is the company's operating cash flow? (Do not round Intermediate calculations.) eBook b. Operating cash flow

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