So Long, Inc, has sales of $334,000, costs of $145,400, depreciation expense of $63,200 and interest expense of $22,300. If the tax rate is 35%, (a) What is the operating cash flow or OCF? (b) Explain why interest paid is not a component of operating cash flow.
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: 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: The Berndt Corporation expects to have sales of $12 million. Costs other thandepreciation are…
A: a. Computation of expected net income and expected net cash flow is shown below:
Q: Benson inc has sales of 39530, costs of 12750 depreciation expense of 2550 and interest expense of…
A: Operating cash flow refers to the cash flow generated from the core operations of the business. It…
Q: A company has $600,000 in Sales, $400,000 in Costs, and $100,000 in Depreciation expenses. If the…
A: Operating cash flow can be calculated as revenues less costs after taking effect of taxes.
Q: Sales are 2,000,000. COGS are 1,000,000. Depreciation is 300,000. Taxes are 150,000. SG&A is…
A: Formula used: Operating cash flow = Net income + Depreciation. Sum of both net income and…
Q: Bronze, Inc has sales of $58,200, costs of $25,300, depreciation expense of $3,100, and interest…
A: Operating Cash Flows = Earning before interest & tax + Depreciation - Taxes
Q: Sales are 2,000,000. COGS are 1,000,000. Depreciation is 300,000. Taxes are 150,000. SG&A is…
A: Operating cash flow of the business means income generated from the operations of the business but…
Q: Suppose a firm has the following information: Sales = $10million; costs of goods sold (excluding…
A: Computation:
Q: Last year Rattner Robotics had $5 million in operatingincome (EBIT). Its depreciation expense was $1…
A: “Hey, since your question has multiple sub-parts, we will solve first three sub-parts for you. If…
Q: Sheaves, Inc, has sales of $55,500, costs of $25,200, depreciation expense of $2,800, and interest…
A: The operating cash flow is calculated by adding depreciation and interest expense in the net income…
Q: Ann's Custom Catering has sales of $214,000, depreciation of $9,000, and net working capital of…
A: Sales = $ 214,000 Depreciation = $ 9000 Net working capital = $ 16000 Tax rate = 34%
Q: Jannah Company has sales of P1,000,000, cost of goods sold of P700,000, depreciation expenses of…
A: Operating cashflows = net income + depreciation +/- change in assets and liabilities income before…
Q: Jannah Company has sales of P1,000,000, cost of goods sold of P700,000, depreciation expenses of…
A: Operating cash flow means net income of the business after excluding the effect of non cash expenses…
Q: Benson, Inc., has sales of $39,930, costs of $13,110, depreciation expense of $2,710 and interest…
A: Operating cash flows refers to the cash flows that are arises or incurred due to core business…
Q: DDFX Inc. recently reported operating income of RM2.75 million, depreciation of RM1.20 million, and…
A: Operating income (EBIT) = RM2.75 million Depreciation = RM1.20 million Tax rate = 40% Sum of capital…
Q: Andre's Bakery has sales of $687,000 with costs of $492,000. Interest expense is $26,000 and…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Local Co. has sales of $10.3 million and cost of sales of $6.1 million. Its selling, general and…
A: Answer - Part A - Given, Sales = $10.30 million Cost of goods sold = $6.10 million So, Gross…
Q: Benson, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest…
A: SALES 38530 COSTS 12750 DEPRECIATION 2550 INTEREST 1850 TAX RATE 21%
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: Benson, Inc., has sales of $42,030, costs of $13,650, depreciation expense of $2,950, and interest…
A: Calculation of operating cash flow are as follows:
Q: Given are the following data for year 1: Revenue = $45 million; Variable cost = $10 million; Fixed…
A: given Revenue = $45 million; Variable cost = $10 million; Fixed cost = $5 million; Depreciation = $1…
Q: Willard, Incorporated has sales of $26,400, costs of $9,400, depreciation expense of $1,500,…
A: Operating cash flow refers to the cash flow generated by an entity from its operations. It is…
Q: Hammett, Inc., has sales of $34,630, costs of $10,340, depreciation expense of $2,520 and interest…
A: Operating cash flows = NOPAT + Depreciation = EBIT x (1 - Tax rate) + Depreciation = (Sales - Costs…
Q: JJ's has net sales of $48,920, depreciation of $711, cost of goods sold of $31,890, administrative…
A: The cash flow statement is one of the important financial statements that the company has to prepare…
Q: TSW Inc. had the following data for last year: Net income = $800; Net operating profit after taxes…
A: Free cash flow shows the cash flow through its operations deducting the cost of expenditures on…
Q: This year, Southern Coat Company had sales of £730,000. Cost of goods sold, administrative and…
A: Step 1: Net Income: Statement of Comprehensive Income Sales 730,000.00 (-)…
Q: Dollar Inc. recently reported operating income (EBIT) of $3.25 million, depreciation of $0.56…
A: Free cash flow are the cash available with the company. The free cash flows helps in reducing the…
Q: Jannah Company has sales of P1,000,000, cost of goods sold of P700,000, depreciation expenses of…
A: Cash flow statement: This is the statement that shows the cash inflow and outflow. This statement is…
Q: flow
A: Introduction: Operating cash flow refers to the cash flow that is being generated by the business on…
Q: Sheaves, Inc., has sales of $54,000, costs of $24,600, depreciation expense of $2,650, and interest…
A: Operating Cash Flow = EBIT + Depreciation - Taxes EBIT = Sales - Cost - Depreciation - Interest
Q: Graff, Incorporated, has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and…
A: Operating cash flows is the amount of cash flows the company is able to generate from operations.…
Q: Jannah Company has sales of P1,000,000, cost of goods sold of P700,000, depreciation expenses of…
A: Operating cash flow (OCF)shows the cash or money used by the business in day to day working. it…
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: An analyst has collected the following information regarding National Co.: Earnings before interest…
A: Net cash flow = Net income + Depreciation
Q: The earnings before interest and tax is $794 million, The depreciation is $75 million, and taxes are…
A: The term depreciation refers to the process of systematically allocating the cost of an asset over…
Q: Last year, Roswin Robotics have $5,000,000.00 in operating income (EBIT). Its depreciation expense…
A: Net Operating Working Capital = Operating Current Assets - Operating Current Liabilities Net Working…
Q: Hailey, Inc., has sales of $19,580, costs of $9,450, depreciation expense of $2,120, and interest…
A: Operating cash flow is nothing but the cash generated from day-to-day business operations. It is…
Q: Local Co. has sales of $10.2 million and cost of sales of $6.2 million. Its selling, general and…
A: Gross profit margin (GPM) refers to the portion of the company’s goods and services that is…
Q: For the past year, Kayla, Incorporated, has sales of $46,967, interest expense of $4,088, cost of…
A: Operating Cash Flow = Net Income + Non-Cash Expense (Depreciation) As per US GAAP, Interest Paid is…
Q: Jannah Company has sales of P1,000,000, cost of goods sold of P700,000, depreciation expenses of…
A: Operating cash inflow = [ Sales - Cost of goods sold - Depreciation ] * ( 1 - Tax rate ) +…
Q: Gabbert’s Corporation expects to have sales of $15 million. Costs other than depreciations are…
A: An income statement is a financial statement that shows you how profitable your business was over a…
Q: Hailey, Inc., has sales of $24200, costs of $8800, depreciation expense of $2600, and interest…
A: Operating cash flow refers to the cash generated by the regular operating activities of a business…
So Long, Inc, has sales of $334,000, costs of $145,400, depreciation expense of $63,200 and interest expense of $22,300. If the tax rate is 35%,
(a) What is the operating
(b) Explain why interest paid is not a component of operating cash flow.
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- An analyst has collected the following information regarding YYYYY: Earnings before interest and taxes (EBIT) = P700 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) = P850 million. Interest expense = P200 million. The corporate tax rate is 40 percent. Depreciation is the company’s only non-cash expense or revenue. What is the company’s net cash flow?Fergus Inc. has sales of $47,000, costs of $19,900, depreciation expense of $3,400, and interest expense of $2,900. If the tax rate is 35%, what is the operating cash flow, or OCF? (Omit $ sign in your response.) Operating cash flow $Benson, Inc., has sales of $44830, costs of $14,370, depreciatior and interest expense of $2,390. The tax rate if 23 percent. What is the operating cash flow, or OCF?
- An analyst has collected the following information regarding National Co.:Earnings before interest and taxes (EBIT) = P730 million.Earnings before interest, taxes, depreciation and amortization (EBITDA) = P850 million.Interest expense = P100 million.The corporate tax rate is 25 percent.Depreciation is the company’s only non-cash expense or revenue.What is the company’s net cash flow?Hammett, Inc., has sales of $34,630, costs of $10,340, depreciation expense of $2,520 and interest expense of $1,750. If the tax rate is 35 percent. (Enter your answer as directed, but do not round intermediate calculations.) Required: What is the operating cash flow? (Round your answer to the nearest whole number, e.g. 32.) Operating cash flowHammett, Inc., has sales of $74,058, costs of $24,908, depreciation expense of $6,308, and interest expense of $1,766. If the tax rate is 31 percent, what is the operating cash flow, or OCF?
- consider a company with sales of $18,000.0 million, cost of goods sold of 42% of sales, other expenses including salaries ( we usually call this SG&A for selling, general and administrative) of 1750.0million, depreciation of 2250.0 million, and interest expense of 2300 million. tax rate =21%. a. generate an income statement and show net income b. what is the company's operating cash flow? c. if there are 775.2 million shares outstanding, what is the EPS? d. if the company has a payout ratio of 20%, what is the dividends per share?Benson, Inc., has sales of $39,930, costs of $13,110, depreciation expense of $2,710 and interest expense of $1,970. The tax rate is 24 percent. What is the operating cash flow, or OCF?Hailey, Inc., has sales of $24200, costs of $8800, depreciation expense of $2600, and interest expense of $1800. Assume the tax rate is 36 percent. What is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
- Sheaves, Inc.., has sales of $55,500, costs of $25.200, depreciation expense of $2,800, and interest expense of $2,550. If the tax rate is 24 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculetions.) Operating cash fowJannah Company has sales of P1,000,000, cost of goods sold ofP700,000, depreciation expenses of P250,000 and interest expenses ofP55,000. If Jannah’s tax rate is 34% and the income statement iscomplete, what is Jannah's operating cash flow? A. P283,000B. P246,700C. P33,000D. P300,0004. The Moon Company has total operating income of AED 30 million. The depreciation expense was AED 3 million and dividends were paid in the amount of AED 6 million, accounts payables decreased by AED 4 million, accounts receivables decreased by AED 9 million, inventory decreased by AED 16 million, interest expenses AED 2 million and tax rate 30%. What was the net cash flow from operating activities?