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Your Firm Has the Following Income Statement Items: Sales of $50,250,000;income

Question 22

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Your firm has the following income statement items: sales of $50,250,000;income tax of $1,744,000;operating expenses of $8,750,000;cost of goods sold of $35,025,000;depreciation and amortization of $1,365,000;and interest expense of $750,000.For purposes of determining free cash flow,what is the amount of the firm's after-tax cash flow from operations?


A) $255,223
B) $4,731,000
C) $2,385,000
D) $7,775,000

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