Use the information below for clarkson corporation to calculate operating cash flow. sales. $4,825,300 costs. $ 2,621,500 Dep. $1,020,100 EBIT $1,183,700 Taxes. $248,577 NI $935,123 2,546,881 1,183,700 935,123 1,955,223 887,775
Q: Suppose: The following income Statements and Cash Flow Statements of company A, B and C were…
A: The income statement shows the profit for the year and the cash flow statement shows the closing…
Q: Suppose your company sells goods for $300, of which $200 is received in cash and $100 is onaccount.…
A: Hi student Since there are multiple sub parts, we will answer only first three sub parts. Given…
Q: So Long, Inc, has sales of $334,000, costs of $145,400, depreciation expense of S63,200 and interest…
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Preparing the statement of cash flows—direct method The income statement and additional data of…
A: Cash flow statements are the statements that determine the inflow and outflow of cash from three…
Q: So Long, Inc, has sales of $334,000, costs of $145,400, depreciation expense of $63,200 and interest…
A: The question is based on the concept of Financial Management.
Q: Cash Flow Ratios Tracy Company reports the following amounts in its annual financial statements…
A: a.
Q: Mazaya Company has the following information available. Net Income R.O. 37,50o, Cash Provided by…
A: Free cash flow = Cash flow from operating activities - Capital expenditure - Dividend paid
Q: A firm has EBIT OF $500,000 and depreciation expense of $24,000. Fixed charges total $44,000.…
A: The cash coverage ratio is the ratio that tells about the availability of cash with the firm to bear…
Q: Based on this income statement, what is Operating Cash Flow Sales $661,198 Costs $446,260…
A: Cash flows from operating activities: It is a section of Statement of cash flow that explains the…
Q: The Moon Company has total operating income of AED 30 million. The depreciation expense was AED 3…
A: The cash flow statement is an essential part of the financial statements of the organization. It is…
Q: oh the income statement below, what is the company's operating cash flow? Sales $85,250 Costs 48,200…
A: Operating cash flow is the cash flows of the company that arises due to the operating activities or…
Q: Mazaya Company has the following information available Net Income RO 55.000, Cash Provided by…
A: Definition: Statement of cash flows: This statement reports all the cash transactions which are…
Q: A firm uses the indirect method for cash flows. Using the following information, what is its net…
A: Cash flow before WC changes=Net income+Depreciation=$90,000+$8,000=$98,000
Q: Preparing the statement of cash flows—direct method The income statement and additional data of…
A: Cash Flow Statement: Cash Flow Statement is a fundamental financial statement that renders valuable…
Q: If net cash flows from operating activities were $316,000, net income were $200,000, and net sales…
A: Cash flow statement is the part of financial statement which shows the net cash flow movement during…
Q: Zoogle has the following selected data ($ in millions):Net sales…
A: Return on Assets = Net Income / Average assets Average assets = (Beginning Assets + Ending Assets)…
Q: Dukas Corporation's net cash provided by operating activities was $218,000; its net income was…
A: Free income (FCF) addresses the money an organization produces subsequent to representing cash…
Q: Information for two companies in the same industry, Kingbird Inc. and Oriole Company, is presented…
A: working Free cash flow formula = Net cash provided by operating activities - Capital expenditures…
Q: An example of a company with cash flow problems is: Select one: O a. a company sold property, plant…
A: One of the most important factors for the business is cash, without which no business can survive.…
Q: Use the following information from Chocolate Company's financial statements to determine operating…
A: Cash flows from operating activities: It is a section of Statement of cash flow that explains the…
Q: fyou have the following information Sales 250,000 Cost of goods sold 260,000 Gross loss (10000)…
A: Cash flow statement: It is a statement which reports the cash inflows and outflows of a business…
Q: Holmes, Inc. expects net cash flow from operating activities to be $160,000, and the company plans…
A: Definition: Free cash flow: Free cash flow is defined as an evaluation of the financial…
Q: Harding Corporation reports the following information: Net income…
A: Under indirect method, cash flow from operating activities is computed by adjusting the net income…
Q: if you have the following information Sales 250,000 Cost of goods sold 260,000 Gross loss (10000)…
A: Cash flow statement is a statement which is prepared to find out the cash comes in and goes out , by…
Q: Taurus Inc, has sales of $540,000, costs of $225,150, depreciation expense of $48,400, interest…
A: Sales = 540,000 Costs = 225,150 Depreciation = 48,400 Interest expense = 37,000 Other expenses =…
Q: Giglio Inc. has the following information for the previous year: Net income = $400; Net operating…
A: Cash flows are the cash generated from the operation of the business organisation. In other words,…
Q: Information for two companies in the same industry, Wildhorse Co. and Sheffield Corp., is presented…
A: The free cash flow is the remaining cash to repay the dues of creditors and dividends to the…
Q: ABC Inc. is preparing its cash flow statement under the direct method and has provided this…
A: Operating activities section is very important section of cash flow statement which shows all cash…
Q: he list includes all balance sheet accounts related to cash from operating activities. Case X…
A: Cash flow statement: In a company's financial accounts, a cash flow statement is one of the most…
Q: Skor Twix $ 4,000 30,000 40,000 (20,000) 24,000 (44,000) Dots 72,000 24,000 (4,000) 10,000 14,000…
A: Cash Flow from Operating Activities - Cash flow from Operating Activities includes all the operating…
Q: if you have the following information Sales 250,000 Cost of goods sold 260,000 Gross loss (10000)…
A: Financing activities refer to the transactions involved in raising and retiring funds. In order to…
Q: use the information in the income statement below to calculate operating cash flow (OCF). sales-…
A: Information Provided: Sales = $1280 COGS = $620 Dep = $180 EBIT = $480 Int Exp = $110 EBT = $370…
Q: Calculate cash flow from Operating Activities of R Ltd.: ) IfR Ltd. is a manufacturing firm, or D…
A: Particulars Amount Amount Cash Revenue from operations 2000000 Less: Wages paid 150000…
Q: The following is the information pertaining Gamma Company: Particulars Amount Average current…
A: Free Cash Flow Free Cash Flow is the cash available for the company to repay obligations such as…
Q: Sheaves, Inc, has sales of $55.500, costs of $25,200, depreciation expense of $2.800, and interest…
A: Particulars Amount Sales $55,500 Less: costs $25,200 Gross profit $30,300 Less: Depreciation…
Q: using the income statement for chester corp below, what is operating cash flow (OCF) for the…
A: GIVEN, sales- 925,000 COGS- 458,000 Dep Exp- 195,000 EBIT- 272,000 Int exp- 55,800 EBT- 216,200…
Q: Ogden Corporation has a projected balance sheet that includes the following accounts. What is the…
A: Since basic accounting equation is Total Assets = Total liabilities + Owners equity
Q: Mazaya Company has the following information available: Net Income R.O. 37,500; Cash Provided by…
A: Free cash flow = Cash flow from operating activities - Capital expensiture - Dividend paid
Q: Mazaya Company has the following information available: Net Income R.O. 55,000; Cash Provided by…
A: Free cash flow = Cash flow from operating activities - Capital expenditure - Dividend paid
Q: Below are data from the financial statements of Flooring Co.: Increase in operating cash $160,000…
A: Answer - Formula for Free Cash Flow to Equity - (FCFE) = Cash from Operating Activities – Capital…
Q: Which one of the following defines a cash flow statement correctly? Select one:
A: Answer:1 Option (b) is correct. Note: there is some technical or printing error in question because…
Use the information below for clarkson corporation to calculate operating cash flow.
sales. $4,825,300
costs. $ 2,621,500
Dep. $1,020,100
EBIT $1,183,700
Taxes. $248,577
NI $935,123
2,546,881
1,183,700
935,123
1,955,223
887,775
Step by step
Solved in 2 steps
- use the information in the income statement below to calculate operating cash flow (OCF). sales- $1,280 COGS- $620 Dep Exp- $180 EBIT- $480 Int Exp- $110 EBT- $370 Taxes- $78 NI- $292Based on the income statement below, what is the company's operating cash flow? Sales $85,250 Costs 48,200 Dep Expense 12,550 EBIT 24,500 Int Expense 5,926 EBT 18,574 Taxes 3,901 Net Income 14,673 $18,574 O$20,599 $15,851 O $33,247 $33,149using the income statement for chester corp below, what is operating cash flow (OCF) for the company? sales- 925,000 COGS- 458,000 Dep Exp- 195,000 EBIT- 272,000 Int exp- 55,800 EBT- 216,200 Taxes- 45,402 NI- 170,798
- Zoogle has the following selected data ($ in millions):Net sales $24,651Net income 6,620Operating cash flows 9,326Total assets, beginning 41,768Total assets, ending 50,497Required:1. Calculate the return on assets.2. Calculate the cash return on assets.3. Calculate the cash flow to sales ratio and the asset turnover ratio.> ABC Inc. is preparing its cash flow statement under the direct method and has provided this information: Net credit sales $5,000,000 Accounts receivable, end of the year 1,500,000 Accounts receivable, beginning of the year 2,500,000 Purchases (on account) 4,000,000 Trade payable, end of the year 1,900,000 Trade payable, beginning of the year 2,000,000 Operating expenses 3,000,000 Accrued expenses, beginning of the year 500,000 Accrued expenses, end of the year 400,000 Depreciation on property, plant, and equipment 600,000 > Required: Prepare the operating activities section of cash flow statement under the direct method.suppose that a company's cash flow statement showed the following: net income: 22,523.99 deprecitation 4580.77 accounts receivable -543.32 inventory 592.81 accounts payable 880.05 what is this companys net cash from operating activities? A. 23,453.53 B. 27,154.25 C. 27,697.57 D. 28,034.30 E. 27,441.48
- Mazaya Company has the following information available Net Income RO 55.000, Cash Provided by Operations RO 68,200; Cash Sales R.O 143.000, Capital Expenditures RO.24.200; Dividends Paid RO. 6.600. What is Mazaya's free cash flow? Select one O a. RO61,600 O bRO 37.40o O CRO44,000FMT Trading Inc. has the following financial data: Annual sales 10,000,000Cost of goods sold 6,000,000Inventory 2,547,945Accounts receivable 1,643,836Accounts payable 1,200,000 a. What is the firm’s cash conversion cycle?b. Provide interpretations of the cash conversion cycle period of the firm.Mr. Matagumpay gave to his accountant the following data for the year ended December 31, 2019. P 385,000 175.000 P 210,000 (5,000) (95.000) P110,000 Other Information: Accounts Receivable, 2018 Accounts Receivable, 2019 Accounts Payable, 2018 Accounts Payable, 2019 Inventory Sales Cost of Goods Sold Gross Profit Depreciation Expense Operating Expenses Net Income P 75,000 90,000 45,000 55.000 50,000
- Calculate the operating cash flow based on the following information: A company has EBIT of $10,000, the corporate tax rate is 21%, and depreciation is $7,000. O $7,900 O $17,000 O $14,900 O $2,370An analyst gathers the following data for a firm: Sales: $1, 850 Cost of Goods Sold: $501 Inventory: $124 Accounts Receivables: $188 Accounts Payables: $153 Based on this information, calculate the firm's Operating Cash Conversion Cycle.Calculate Operating Cash Flow (OCF) for the company using the following information. Note the calculator icon in the top right corner, use this. Please write your answer as a whole number including comma. Eg. For $4,000 please write: 4,000. Thank you! Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest Taxes (21%) Net Income Dividends Addition to retained earnings $2,995 1,604 764 $627 200 90 $337 $229 108