Callender Bikes has: Sales Costs $705,000 $156,000 Depreciation expense $22,200 Interest expense $1,970 An average tax rate of 21 percent. Required: How much operating cash flow did the firm generate?
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- 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 flowCarter Swimming Pools has $16 million in net operating profit after taxes (NOPAT) in the current year. Carter has $12 million in total net operating assets in the current year and had $10 million in the previous year. What is its free cash flow?Give correct operating cash flow
- Do not use aiNeed answer of this questionJeff's Auto Repair is looking at making an investment of $732,000 in new machinery. They expect to generate the following Earnings Before Amortization and Taxes as well as the following positive, after-tax cash flows: Cash flows Year Earnings before amortization & taxes (after tax) 1 $ 197,000 $174,500 2 232,000 199,000 3 276,000 229,800 4 209,000 182,900 5 247,000 209,500 229,000 196,900 (a) Required: Compute the Average Accounting Return assuming the asset will be fully depreciated over the six-year time period, using straight-line depreciation, and Jeff's Auto Repair has a 30 percent tax rate. (Round your answer to two decimal places (e.g. 12.34%)) (b) Compute the payback period in years, and the internal rate of return for the project (c) Compute net present value of the project if WACC is 11 percent. (d) Should the project be undertaken, and why?
- Calculate cash flow operating leverage on these financial accounting questionSalsa Company is considering an investment in technology to improve its operations. The investment costs $243,000 and will yield the following net cash flows. Management requires a 9% return on investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Note: Use appropriate factor(s) from the tables provided. Year 1 2 3 4 5 Net cash Flow $ 47,700 52,500 75,900 95,800 125,800 Required: 1. Determine the payback period for this investment. 2. Determine the break-even time for this investment. 3. Determine the net present value for this investment. 4. Should management invest in this project based on net present value? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the payback period for this investment. Note: Enter cash outflows with a minus sign. Round your Payback Period answer to 1 decimal place. Cumulative Net Cash Year Net Cash Flows Flows Initial investment $ (243,000) $ (243,000) Year 1 47,700 Year 2 52,500…The management of Charlton Corporation is considering the purchase of a new machine costing $460,000. The company's desired rate of return is 6%. In addition to the foregoing information, use the following data in determining the acceptability in this situation: Income from Operations $20,000 20,000 Net Cash Flow $95,000 95,000 95,000 95,000 95,000 Year 1 3. 20,000 20,000 20,000 4 The cash payback period for this investment is: O4 years O 4.8 years O 23 years The project will never recover the invested cash
- Opereting cash flow?Masego Pty Ltd considers buying a Truck as the business expands. They are considering between buying Truck Y or Truck Z. They will be spending P140 000 on Truck Y and P160 000 on Truck Z. The discounting factor for the above trucks is 16%. The cash inflows and outflows are shown below: Truck Y Truck Z Net cash flow Net cash flow Year 0 (140000) (160000) 1 50000 85000 2 60000 90000 3 50000 75000 4 40000 65000 a) Calculate the payback period for each truck. Explain which truck the business should buy and why. b) Calculate the discounted payback for each truck. c) Determine the Net Present Value for each truck. d) Calculate the profitability index for each truck. e) Describe five advantages of the NPV method of capital budgeting.The Berndt Corporation expects to have sales of 12 million. Costs other than depreciation are expected to be 75% of sales, and depreciation is expected to be 1.5 million. All sales revenues will be collected in cash, and costs other than depreciation must be paid for during the year. Berndts federal-plus-state tax rate is 40%. Berndt has no debt. a. Set up an income statement. What is Berndts expected net income? Its expected net cash flow? b. Suppose Congress changed the tax laws so that Berndts depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow? c. Now suppose that Congress changed the tax laws such that, instead of doubling Berndts depreciation, it was reduced by 50%. How would profit and net cash flow be affected? d. If this were your company, would you prefer Congress to cause your depreciation expense to be doubled or halved? Why?
