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QUESTION
Miles metals recently reported $12,000 of sales $4,000 of operation costs other than depreciation, and $1,500 of deprecation.
Miles metals recently reported $12,000 of sales $4,000 of operation costs other than depreciation, and $1,500 of deprecation. The company had no amortization charges, it had $3,000 of bonds that carry a 5% interest rate its federal-plus-state income tax rate was 40%. What was ne cash flow?
