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QUESTION
A company has net income of $2500 and profit margin of 15%. The company's depreciation expense for the year was $300, interest expense was $200, and...
A company has net income of $2500 and profit margin of 15%. The company's depreciation
expense for the year was $300, interest expense was $200, and the average tax rate is 30%.
a. What was the company's taxable income?
b. What was the company's EBIT?
c. What was the company's Operating Cash Flow?
