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Home / Questions / Gerry Co. has a gross profit of $900,000 and depreciation expense of $310,000. Selling and...

Gerry Co. has a gross profit of $900,000 and depreciation expense of $310,000. Selling and administrative expense is $114,000. Given that the tax rate is 35 percent, compute the cash flow from

Gerry Co. has a gross profit of $900,000 and depreciation expense of $310,000. Selling and administrative expense is $114,000. Given that the tax rate is 35 percent, compute the cash flow from operations for Gerry Co.

Multiple Choice

  • $621,900

  • $590,000

  • $619,400

  • $113,965

Apr 12 2021 View more View Less

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