Gerry Co. has a gross profit of $880,000 and $360,000 in depreciation expense.

carltonb

New member
Jul 27, 2008
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Selling and administrative expe? Gerry Co. has a gross profit of $880,000 and $360,000 in depreciation expense. Selling and administrative expense is $120,000. Given that the tax rate is 40 percent, compute the cash flow (the cash flow from operations) for Gerry Co. Show your work/calculations/formulas.
 
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