Question

14. Gerry Co. has a gross profit of $970,000 and $280,000 in depreciation expense. Selling and administrative expense is $128,000. Given that the tax rate is 36 percent, compute the cash flow for Gerry Co O $642.180 O $690,000 O $639,680 O $127.964

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Answer #1

Answer - Cash flow = $639680

Salutan tiu 56208 262320 35 9680 280000 Adol-nan

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14. Gerry Co. has a gross profit of $970,000 and $280,000 in depreciation expense. Selling and...
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