Please Need Answer with calculation A company disclosed the following financialinformation:sales of $1.47 million, cost of goods sold of$815,900, depreciation expense of $178,400, andinterest expenses of $92,800.Assume that the firm has an average tax rate of 29percent.Compute the cash flows to investors from operatingactivity.

`The question requires the determination of the cash flow to investors from operating activities.…

Answered: A company disclosed the following…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter15: Statement Of Cash Flows

Section: Chapter Questions

Problem 6DQ

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The Sandhill Mills Company has just disclosed the following financial information in its annual report: sales of $1.47 million, cost of goods sold of $815,300, depreciation expenses of $177,800, and interest expenses of $92,200. Assume that the firm has an average tax rate of 29 percent. Compute the cash flows to investors from operating activity. (Round intermediate calculations and final answer to 2 decimal places, e.g. 15.25.) Cash flow from operating activity +A
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?
JJ's has net sales of $48,920, depreciation of $711, cost of goods sold of $31,890, administrative costs of $11,210, interest expense of $680, dividends paid of $450, and taxes of $974. What is the cash flow from operating activities as it will appear on the accounting statement of cash flows if the firm spent $274 on net working capital?
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A debt-free firm has profit for the year of $128 400, taxes of $46 200 and depreciation of $21 300. What is the operating cash flow?
JJ's has net sales of $48,920, depreciation of $711, cost of goods sold of $31,890, administrative costs of $11,210, interest expense of $680, dividends paid of $450, and a tax rate of 20%. What is the net cash from operating activities as it will appear on the accounting statement of cash flows if the firm spent $274 on net working capital? $3,980 $3,056 $3,667 $4,066
Moby Dick Corporation has sales of $4,920,229; income tax of $574,192; the selling, general and administrative expenses of $265,391; depreciation of $374,888; cost of goods sold of $2,777,705; and interest expense of $195,023. Calculate the amount of the firm’s after-tax cash flow from operations?
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Your firm has the following income statement items: sales of $52,000,000; income tax of $1,880,000; operating expenses of $9,000,000; cost of goods sold of $36,000,000; depreciation and amortization of $1,500,000; and interest expense of $800,000. For purposes of determining free cash flow, what is the amount of the firm's after-tax cash flow from operations? O $750,000 O $3,600,000 O $1,008,000 O $5,120,00O
Blossom Corporation reported EBITDA of $7,299,875 and net income of $3,789,692.44 last year. The company also had $1,155,390 in interest expense, $1,023,279 in depreciation and amortization expense, and an average corporate tax rate of 26 percent. What was the firm's cash flow to investors from operating activity during the year? (Round answer to 2 decimal places, e.g. 5,275.25.) Cash flow from operating activity
(Analyzing the quality of firm earnings) Kabutell, Inc. had net income of $650,000, cash flow from financing activities of $90,000, depreciation expenses of $60,000, and cash flow from operating activities of $550,000. a. Calculate the quality of earnings ratio. What does this ratio tell you? b. Kabutell, Inc. reported the following in its annual reports for 2011-2013: ($ million) 2011 Cash Flow from Operations $480 Capital Expenditures (CAPEX) $458 (Click on the icon in order to copy its contents into a spreadsheet.) Calculate the average capital acquisitions ratio over the three-year period. How would you interpret these results? 2012 $401 $446 2013 $468 $457
using 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

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