What was the company operating cash flow

Reference no: EM13293074

Gourley Wholesale had $8,000,000 in operating income (EBIT) last year. The company's depreciation expense was $1,600,000 and its interest expense was $600,000. The firm's tax rate was 40 percent, and the only noncash item was depreciation. a. What was the firm's net income for the year?b. What was the firm's net cash flow?c. What was the company's operating cash flow?

Reference no: EM13293074

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