What was the firms net income what was the firms cash flow, Financial Management

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What was the firms net income what was the firms cash flow

Butterly Tractors had $16 million in sales last year. Cost of goods sold was $8 million, depreciation expense was $2 million, interest payment on outstanding debt was $2million, and firm’s tax rate was 30%.

What was the firm’s net income?

What was the firm’s cash flow?

What would happen to net income and cash flow if depreciation were increased by $2 million?

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