Edwards Electronics Recently Reported $11,250 of Sales,$5,500 of Operating Costs

question 56

Multiple Choice

Edwards Electronics recently reported $11,250 of sales,$5,500 of operating costs other than depreciation,and $1,250 of depreciation.The company had no amortization charges,it had $3,500 of bonds that carry a 6.25% interest rate,and its federal-plus-state income tax rate was 35%.How much was its net cash flow?

• A) $3,284.75
• B) $3,457.63
• C) $3,639.61
• D) $3,831.17
• E) $4,032.81

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Definitions:

Behavior

The actions or reactions of an object or organism, usually in relation to the environment, which can be observed and measured.

Likert Scale

A psychometric scale commonly involved in research that employs questionnaires, used to gauge attitudes, values, or responses involving degrees of agreement or disagreement.

Environmental Protection

Efforts and policies aimed at preserving the natural environment from degradation or pollution to sustain ecological balance and conserve resources for future generations.

Values

Core beliefs or standards that guide behavior and decision-making, reflecting what is important to an individual or society.