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A company reports net sales of 2500 million assume that

Question - A company reports net sales of $2,500 million. Assume that there were no non-cash sales.

• Operating costs (excluding depreciation & amortization) were 65% of its total revenues.

• Depreciation & Amortization charges were 5% of total sales.

• Interest charges were 15% of EBIT with a tax rate of 40%.

The company's current cash flow is?

a. $382 million

b. $507 million

c. $253 million

d. $637 million

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Accounting Basics: A company reports net sales of 2500 million assume that

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Accounting Basics: A company reports net sales of 2500 million assume that

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