Barbell Corporation’s income statement reports that the company’s “bottom line”
ID: 2825690 • Letter: B
Question
Barbell Corporation’s income statement reports that the company’s “bottom line” was $180,000 in 2012. The statement also shows that the company had depreciation and amortization expenses equal to $50,000 and taxes equal to $120,000. What was Barbell’s net cash flow? Barbell Corporation’s income statement reports that the company’s “bottom line” was $180,000 in 2012. The statement also shows that the company had depreciation and amortization expenses equal to $50,000 and taxes equal to $120,000. What was Barbell’s net cash flow?Explanation / Answer
bottom line = net profit of company after tax
cash flow =net profit + depreciation & amortization
=180000+50000
=$230000.
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