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Business, 17.12.2021 02:00 jordanrini

Ledger Properties has the following financial information: Current Year Prior Year Revenues $ 48,915 $ 43,610 Administrative expenses 12,106 11,602 Interest expense 816 468 Cost of goods sold 29,715 26,309 Depreciation 1,408 1,387 Net fixed assets 32,711 31,984 Current liabilities 14,652 14,625 Common stock 15,000 14,000 Current assets 16,506 14,687 Long-term debt 12,200 ? Retained earnings 7,365 4,246 Dividends paid 290 275 What is the cash flow of the firm for the current year if the tax rate is 22 percent? Multiple Choice $2,517 $1,042 $1,885 $2,297 $2,096

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Ledger Properties has the following financial information: Current Year Prior Year Revenues $ 48,915...

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