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What is the company net income

    Assignment Instructions

    Assignment ID: FG133119498

    Question – During 2015, Sun Corporation had sales of $590,000, Costs of Goods, administrative and selling expenses and depreciation were $455,000, $85,000 and $125,000, respectively. In addition the company had an interest expense of $65,000 and a tax rate of 35 percent.

    1. What is the company’s net income for 2015?

    2. What is its operating cash flow?

    3. Explain your results in a) and b).

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