Solution-What is the net income, During 2015 Courtland

What is the net income

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During 2015 Courtland Corp. had sales of $900,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $380,000, $93,000, and $73,000 respectively. In addition, the company had an interest expense of $57,000, and a tax rate of 20 percent. (Ignore any tax loss carry-back or carry-forward provisions.)

What is the net Income? and Operation cash flow?

Reference no: EM131066499

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What is the net income : During 2015 Courtland Corp. had sales of $900,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $380,000, $93,000, and $73,000 respectively. In addition, the company had an interest expense of $57,000, an..

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What is the net income

Reference no: EM131066499

Reference no: EM131066499

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