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Why was net income negative while cash flow was positive

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Reference no: EM132647434

During 2014, Five J Builders had sales of $675,000. COGS, G&A and depreciation were $435,000, $85,000 and $125,000 respectively. In addition, the company had interest expense of $70,000 and a tax rate of 35%.

Question a. What is Five J's net income for 2014?

Question b. What is the operating cash flow?

Question c. Why was net income negative, while cash flow was positive?

Reference no: EM132647434

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