Homework SourseBarbell Corporations income statement reports that the compa
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?
Solution
bottom line = net profit of company after tax
cash flow =net profit + depreciation & amortization
=180000+50000
=$230000.
