Use the following financial information (Income Statement and Balance Sheeg) for SAMSON Company...
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Use the following financial information Income Statement and Balance Sheeg for SAMSON Company for the years ending December and Question : Caculate the firm's Gross Profits for both years. Onestion s Calculate the firm's Operating Income for both years. Question : Calculate the firm's Net lncome for both years. Assume that the firm should pay tax on its taxable income. Question : Calculate the firm's total cash inflows. Explain how annual depreciation would increase a firm's value. 
Use the following financial information Income Statement and Balance Sheeg for
SAMSON Company for the years ending December and
Question : Caculate the firm's Gross Profits for both years.
Onestion s Calculate the firm's Operating Income for both years.
Question : Calculate the firm's Net lncome for both years. Assume that the firm should pay
tax on its taxable income.
Question : Calculate the firm's total cash inflows. Explain how annual depreciation would
increase a firm's value.
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