What is the company net operating profit after tax

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Question - The following information is taken from Lillo's Incorporated last year's financial statements:

Operating income = $5 million

Interest expense = 20% of EBIT

Corporate tax = 40%

Net Depreciation expense = $1 million

Total assets = $29 million

Net fixed assets = $15 million

Accounts payable = $3 million

Notes payable = $5 million

Accruals = $1 million

Required -

1. What is Lillo's Inc. net income or a net loss?

2. What is the company's net operating profit after tax?

3. What's the company's net cash flow?

4. What is the company's operating cash flow?

Reference no: EM133030950

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