Crandall Oil has total sales of $1,250 and costs of $695. Depreciation is $140 and the tax rate is 32 percent. The firm does not have any interest expense. What is the operating cash flow?
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- Patterson Brothers recently reported an EBITDA of $18.5 million and net income of $5.6 million. It had $2.0 million of interest expense, and its corporate tax rate was 30%. What was its charge for depreciation and amortization? Write out your answer completely. For example, 25 million should be entered as 25,000,000. Do not round intermediate calculations. Round your answer to the nearest dollar, if necessary. %24High Towers, Inc., has sales of $586,000, costs of $363,000, depreciation expense of $32,000, and interest expense of $14,000. If the tax rate is 33 percent, the operating cash flow, or OCF, is $ ______ . (Round your answer to the nearest whole dollar amount. Do not include the dollar sign ($).).Groff Incorporated, 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 and round your answer to the nearest whole number, e.g., 32.)
- Which of the following calculations is correct if sales are $25,000, operating profit after tax is $1,000, the tax rate is 30%, there are no ‘other comprehensive income’ items, operating liabilities (OL) are $5,000, the short-term borrowing rate (STBC) is 3% after tax, and the asset turnover ratio (ATO) is 2? 1. Operating liability leverage (OLLEV) = 0.286 2. RNOA = 0.092 3. RNOA = 0.066 4. Operating profit margin after tax = 0.046Hailey, 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.)Holly Farms has sales of S509,600, costs of $448,150, depreciation expense of $36,100, and interest paid of SI2,400. The tax rate is 28 percent. How much net income did the firm carn for the period?
- I want correct answerA firm has an assetsThe 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?
- Tool Manufacturing has an expected EBIT of $74,000 in perpetuity and a tax rate of 21 percent. The company has $131,500 in outstanding debt at an interest rate of 6.8 percent and its unlevered cost of capital is 13 percent. What is the value of the company according MM Proposition I with taxes? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Company valueEdwards Electronics recently reported $15,250 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. How much was its net operating profit after taxes (NOPAT)? Select the correct answer. a. $6,324.00 b. $6,349.50 Oc$6,273.00 O d. $6,298.50 e. $6,375.00Please give me answer accounting
