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Calculate the after tax cash flow from operations

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Reference no: EM132643579

ones Company Financial Information

                                                      December 2008                   December 2009

Net income                                     $1,500                             $3,000

Accounts receivable                              750                                  750

Accumulated depreciation                         1,125                            1,500

Common stock                                       4,500                              5,250

Paid-in capital                                         7,500                                  8,250

Retained earnings                                      1,500                                  2,250

Accounts payable                                          750                                  750

Question 1: Calculate the after tax cash flow from operations for 2009 (no assets were disposed of during the year, and there was no change in interest payable or taxes payable)

1. $4,500

2. $3,375

3. $3,900

4. $2,980

Reference no: EM132643579

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