San Antonio Boots Inc. had sales of $15,000 in 2005. The cost of goods sold was$5,500, general
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Question:
San Antonio Boots Inc. had sales of $15,000 in 2005. The cost of goods sold was$5,500, general and administrative expenses were $2,000, interest expensewere $500, and depreciation was $2,000. The firm's tax rate is 35%. What are earnings before interest and taxes? What is net income? What is cash flow from operations?
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