ACC501 Business Finance GDB Spring 2020 Solution & Discussion
ACC501 Business Finance GDB 1 Solution & Discussion Spring 2020
ACC501 GDB Solution idea:
Q1. Operating cash flow = Earnings before Interest and taxes + Depreciation – Taxes
Operating cash flow= 15000+350000-0=545000
Q2. Net income is the profit a company has earned for a period, while cash flow from operating activities measures, in part, the cash going in and out during a company's day-today operations.
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