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Business, 12.11.2019 03:31 haileyglowiak8183

An analyst has collected the following information regarding gilligan grocers:

earnings before interest and taxes (ebit) = $700 million.
earnings before interest, taxes, depreciation and amortization (ebitda) = $850 million.
interest expense = $200 million.
the corporate tax rate is 40 percent.
depreciation is the company’s only non-cash expense or revenue.
what is the company’s net cash flow?

a. $850 million

b. $650 million

c. $570 million

d. $450 million

e. $500 million

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An analyst has collected the following information regarding gilligan grocers:

earnings...
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