ACCOUNTING 15.501 S 2003 F EXAM - MIT OpenCourseWare

method, should it adjust Net Income for the amount of interest expense to calculate cash flow from operations? (4 points) Interest expense = 75,000,000*0.0675 = 5,062,500 This interest expense is paid out in cash as part of operations, hence NI is no longer adjusted. 6 . III. Inventory (15 points) ................
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