Eagle Corporation had $10 Million in Sales last year. Cost of goods sold were $6 Million,...

Eagle Corporation had $10 Million in Sales last year. Cost of goods sold were $6 Million, depreciation expense was $1 Million, interest payment on outstanding debt was $2 Million, and the firm’s tax rate is 35%. What was Eagle Corporation’s Net Income (after tax)?

What was Eagle Corporation’s Net Cash Flow? (1 point) What would happen to Net Income and Cash Flow if Depreciation increased by $1 Million?

What would happen to Net Income and Cash Flow is the Depreciation Expense was $0?

Depreciation and Interest Expense changes cause different results to Net Income and Cash Flow. Why?

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Butterfly Tractors had $17.50 million in sales last year. Cost of goods sold was $8.70 million,...

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