Your firm has total sales of $1,120. Costs are $630 and depreciation is $130. The tax rate is 23 percent. The firm does not have interest expenses. What is the operating cash flow? Multiple Choice о $448 ○ $407 о $265 ○ $326 о $366 At the beginning of the year, Vendors, Incorporated, had owners' equity of $50,825. During the year, net income was $7,025 and the company paid dividends of $4,725. The company also repurchased $9,075 in equity. What was the owners' equity account at the end of the year? Multiple Choice $44,050 ○ $37,025 о $41,750 $34,725 ○ $48,150

Managerial Accounting: The Cornerstone of Business Decision-Making
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Chapter15: Financial Statement Analysis
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Your firm has total sales of $1,120. Costs are $630 and depreciation is $130. The tax rate is 23 percent. The firm does not have interest expenses. What is
the operating cash flow?
Multiple Choice
о
$448
○ $407
о
$265
○ $326
о
$366
Transcribed Image Text:Your firm has total sales of $1,120. Costs are $630 and depreciation is $130. The tax rate is 23 percent. The firm does not have interest expenses. What is the operating cash flow? Multiple Choice о $448 ○ $407 о $265 ○ $326 о $366
At the beginning of the year, Vendors, Incorporated, had owners' equity of $50,825. During the year, net income was $7,025 and the company paid
dividends of $4,725. The company also repurchased $9,075 in equity. What was the owners' equity account at the end of the year?
Multiple Choice
$44,050
○ $37,025
о
$41,750
$34,725
○ $48,150
Transcribed Image Text:At the beginning of the year, Vendors, Incorporated, had owners' equity of $50,825. During the year, net income was $7,025 and the company paid dividends of $4,725. The company also repurchased $9,075 in equity. What was the owners' equity account at the end of the year? Multiple Choice $44,050 ○ $37,025 о $41,750 $34,725 ○ $48,150
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