Multiple Choice
Dippity Doo-Dah Party Dips has revenues of $50,000, general & administrative expenses of $35,000, interest expense of $4,000, and depreciation expense of $4,200. The firm is in the 38% tax bracket. What would be the firm's cash flow from operations?
A) $4,216
B) $4,000
C) $8,416
D) $6,800
Correct Answer:
Verified
Correct Answer:
Verified
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