During 2018, raines umbrella corp. had sales of $705,000. cost of goods sold, administrative selling expenses, and depreciation expenses were $445,000, $95,000, and $140,000, respectively. in addition, the company had an interest expense of $70,000 and a tax rate of 25 percent. (ignore any tax loss carryforward provisions and assume interest expense is fully deductible)a. what is the company's net income (loss) for 2018? b. what is the company's operating cash flow?
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Bulldog holdings is a u.s.-based consumer electronics company. it owns smaller firms in japan and taiwan where most of its cell phone technology is developed and manufactured before being released worldwide. which of the following alternatives to integration does this best illustrate? a. venture capitalism b. franchising c. joint venture d. parent-subsidiary relationship
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During 2018, raines umbrella corp. had sales of $705,000. cost of goods sold, administrative selling...
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