Question

Marcy Distribution has total sales of $105,000, costs are $76,000, and depreciation is $8,500. The tax...

Marcy Distribution has total sales of $105,000, costs are $76,000, and depreciation is $8,500. The tax rate is 25 percent. The interest expense is $1,500. What is the operating cash flow?

$24,250

$19,356

$22,780

$25,311

$23,864

Homework Answers

Answer #1
Sales $      105,000
Less:
Costs $        76,000
Depreciation $          8,500
EBIT $        20,500
Less: Interest $          1,500
Profit before tax $        19,000
Less: Tax payable @ 34% $          4,750
Net income $        14,250
EBIT $        20,500
Less: Tax payable @ 34% $          4,750
Add: Depreciation $          8,500
Operating cash flow $   24,250
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A.) McDonald's has total sales of $2,475,000, costs are $1,480,000, and depreciation is $162,000. The tax...
A.) McDonald's has total sales of $2,475,000, costs are $1,480,000, and depreciation is $162,000. The tax rate is 25 percent. The interest expense is $79,000. What is the operating cash flow? $972,500 $934,000 $887,500 $852,400 $806,500 B.) McDonald's had beginning net fixed assets of $2,870,000 and ending net fixed assets of $2,741,000. Assets valued at $308,000 were sold during the year. Depreciation was $295,000. What is the amount of net capital spending? $182,000 $166,000 $194,000 $153,000 $175,000
Benson, Inc., has sales of $45,180, costs of $14,460, depreciation expense of $3,310, and interest expense...
Benson, Inc., has sales of $45,180, costs of $14,460, depreciation expense of $3,310, and interest expense of $2,420. The tax rate is 24 percent. What is the operating cash flow, or OCF?
Hammett, Inc., has sales of $78,888, costs of $27,296, depreciation expense of $7,896, and interest expense...
Hammett, Inc., has sales of $78,888, costs of $27,296, depreciation expense of $7,896, and interest expense of $4,069. If the tax rate is 36 percent, what is the operating cash flow, or OCF?
​A. Daniel's Market has sales of $46,600, costs of $18,400, depreciation expense of $2,100, and interest...
​A. Daniel's Market has sales of $46,600, costs of $18,400, depreciation expense of $2,100, and interest expense of $1,600. If the tax rate is 40 percent, what is the operating cash flow, OCF? Group of answer choices ​$13,500 ​$14,200 ​$28,900 ​$38,000 ​$18,400 B. ​Is there a difference between net income and operating cash flow in the previous problem? If so, why? Group of answer choices ​Yes, net income is higher than operating cash flow because of the tax deductibility of...
Pompeii, Inc., has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense...
Pompeii, Inc., has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000. If the tax rate is 23 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations.)
Pompeii, Inc., has sales of $51,500, costs of $23,600, depreciation expense of $2,400, and interest expense...
Pompeii, Inc., has sales of $51,500, costs of $23,600, depreciation expense of $2,400, and interest expense of $2,150. If the tax rate is 21 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations.)
Pompeii, Inc., has sales of $46,200, costs of $23,100, depreciation expense of $2,200, and interest expense...
Pompeii, Inc., has sales of $46,200, costs of $23,100, depreciation expense of $2,200, and interest expense of $1,700. If the tax rate is 22 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations.)
A project has projected sales of $69,000, costs of $51,500, depreciation expense of $6,900, and a...
A project has projected sales of $69,000, costs of $51,500, depreciation expense of $6,900, and a tax rate of 34 percent. What is the operating cash flow for this project?
Hammett, Inc., has sales of $34,630, costs of $10,340, depreciation expense of $2,520, and interest expense...
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 flow   $   
1.   Thomas Corp., has current assets of $8,500, net fixed assets of $32,370, current liabilities of...
1.   Thomas Corp., has current assets of $8,500, net fixed assets of $32,370, current liabilities of $6,700, and long-term debt of $15,200. What is the value of the shareholders’ equity account for this firm? How much is net working capital? 2.   Freddie’s Fish Farm, Inc., has sales of $725,000, costs of $317,300, depreciation expense of $48,000, interest expense of 28,000, and a tax rate of 21 percent. What is          the net income for this firm? 3.   Deprez, Inc., has...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT