Compute the cash flow for simonses

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Simonses, Co has a gross profit of $1,100,000 and $570,000 in depreciation expense. Selling and administrative expense is $340,000. They have $500,000 in Long-term debt at 5% interest with no principal payments. Given that the tax rate is 42 percent, compute the cash flow for Simonses, Co.

Reference no: EM13808266

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