Net cash flow kendall corners inc recently reported net...

Net Cash Flow Kendall Corners Inc. recently reported net income of $2.7 million and depreciation of $400,000. What was its net cash flow? Assume it had no amortization expense. Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. Round you answer to the nearest dollar

Butterfly Tractors had $\$ 14$ million in sales last year. cost of goods sold was $\$ 8$ million, depreciation expense was $\$ 2$ million, interest payment on outstanding debt was $\$ 1$ million, and the firm's tax rate was 35 percent. a. What was the firm's net income and net cash flow? b. What would happen to net income and cash flow if depreciation were increased by $\$ 1$ million? How do you explain the differing impact of depreciation on income versus cash flow? c. Would you expect the change in income and cash flow to have a positive or negative impact on the firm's stock price? d. Now consider the impact on net income and cash flow if the firm's interest expense were \$1 million higher. Why is this case different from part (b)?

Question

Please give Ace some feedback