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Your Firm Has the Following Income Statement Items: Sales of $52,000,000;income

Question 50

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Your firm has the following income statement items: sales of $52,000,000;income tax of $1,880,000;operating expenses of $9,000,000;cost of goods sold of $36,000,000;depreciation and amortization of $1,500,000;and interest expense of $800,000.For purposes of determining free cash flow,what is the amount of the firm's after-tax cash flow from operations?


A) $1,008,000
B) $3,600,000
C) $5,120,000
D) $750,000

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