What is the Cash Flow from Operations? Use the following data: Projected Sales 1000 Gross Profit Margin
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Question:
What is the Cash Flow from Operations? Use the following data:
Projected Sales | 1000 |
Gross Profit Margin | 40% |
Operating Expenses | 200 |
Depreciation Expense | 100 |
Interest Expense | 10 |
Tax | 30% |
Accounts Receivable is Projected to increase by $60
Inventory is projected to increase by $30
Accounts Payable is projected to decrease by $20
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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