Its expenses included depreciation

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Ship-to-Shore had earnings after tax (EAT) of $320,000 last year. Its expenses included depreciation of $52,000, interest of $40,000. It purchased new equipment for $28,000.The company also sold stock for $36,000. What is Ship-to-Shore's net cash flow for last year?

a.	$380,000	c.	$315,000
b.	$425,000	d.	$395,000

Reference no: EM13942326

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