Gerry Co. has a gross profit of $1,200,000 and depreciation expense of $400,000. Selling and administrative expense is $250,000. Given that the tax rate is 40 percent, compute the cash flow from operations for Gerry Co.

Answers

Answer 1

The cash flow from operations for Gerry Co is $730,000.

The following format should be considered:

Gross profit $1,200,000

Less: depreciation $400,000

Less: selling & admin expense -$250,000

EBIT $550,000

Less: taxes (40% of $550,000) $220,000

Net income $330,000

Add: depreciation expense $400,000

Cash flow from operations $730,000

Therefore we can conclude that The cash flow from operations for Gerry Co is $730,000.

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Answers

Answer:

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Explanation:

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Answers

Answer:The final answer would be 273.042Hope this helps!! <3

Hi ;-)

[tex]6,3\%=6,3\%:100\%=0,063\\\\6,3\% \ of \ 4334=0,063\cdot4334=\boxed{273,042}[/tex]

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Consolidation Rules Under GAAP

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Triple bottom line is a business concept in  which businesses focus and look for the impact on social and environment by their business activities.

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The businessmen will feel insecure in the state and will be afraid of investing more money into business.

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Answers

Answer:

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Thus, appliances that have been hermetically sealed

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Answer:

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Answers

Answer:

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