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Business, 23.01.2020 19:31 noslengerman

During 2014, raines umbrella corp. had sales of $790,000. cost of goods sold, administrative and selling expenses, and depreciation expenses were $610,000, $85,000, and $190,000, respectively. in addition, the company had an interest expense of $52,000 and a tax rate of 35 percent. (ignore any tax loss carryback or carryforward provisions.)
a. what is raines’s net income for 2014? (do not round intermediate calculations. input the amount as a positive value.) $
b. what is the company's operating cash flow? (do not round intermediate calculations.) operating cash flow $

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During 2014, raines umbrella corp. had sales of $790,000. cost of goods sold, administrative and sel...

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