during the year, the senbet discount tire company had gross sales of 1.23 million. the company's cost of goods sold and selling expenses were 592,000 and 245,000, respectively. the company also had notes payable of 840,000. these notes carried an interest rate of 4 percent.a. What was Senbet?s net income?
b. What was Senbet?s operating cash flow?

Respuesta :

Answer:

The question is missing some vital points, which are found in the spreadsheet  attached

Senbet's net income is  $185,172.00  

Cash flow from operations is $ 340,772.00  

Explanation:

Find in the attached,complete questions and necessary computations.

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