Graff, Incorporated, has sales of $49,800, costs of $23,700, depreciation expense of $2,300, and interest expense of $1,800. The taxrate is 22 percent.What is the operating cash flow, or OCF?Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.Operating cash flow

Net Income = (Sales - Costs - Depreciation - Interest) * (1-Tax rate)Net Income = (49,800 - 23,700 -…

Answered: Graff, Incorporated, has sales of…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Calculate the operating cash flow for Initech. (Assume that depreciation is tax deductible.) Initech Corp. Income Statement ($000's) Revenue Cost of Goods Sold SG&A Depreciation Expense. EBIT Interest Expense Income Before Taxes Taxes Net Income: $100,000 64,798 16,202 4,739 14,260 7,230 7,030 2,108 $4,922
Suppose Canwest Global Communications Corp. reported net cash used by operating activities of $127,537,580 and sales revenue of $3,498,299,980 during 2022. Cash spent on plant asset additions during the year was $96,782,600. Calculate free cash flow. (Show a negative free cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) Free cash flow $
Micro Manufacturing reports net income of $866,000. Depreciation Expense is $74,000, Accounts Receivable increases $36,000 and Accounts Payable decreases $11,000. Calculate net cash flows from operating activities using the indirect method. (Negative value should be indicated by minus sign.) Net cash flows from operating activities
Please let me know which part of the cash flow calculations or cashflow statement setup/structure that I am doing wrong. The cashflow change should be $86,000(from the balance sheet) but I got a total of -$159,000. Income statement Assets 20X1 20X0 Difference 20X1 20X0 Difference Net credit sales Current assets $7,200,000 $6,500,000 $700,000 Cash Cost of goods sold $450,000.00 $364,000.00 $86,000 4,320,000 3,900,000 $420,000 Accounts receivable—net Gross profit 692,000 625,000 $67,000 2,880,000 2,600,000 $280,000 Inventory Operating expenses (including income taxes) 723,000 610,000 $113,000 2,376,000 2,145,000 $231,000 Prepaid expenses Net income 50,000 70,000 ($20,000) $504,000 $455,000 $49,000 Total current assets 1,915,000 1,669,000 $246,000 Long-term investments Cash flow 150,000 20,000…
A company sells one of its trucks for R250,000. Which of the following options accurately classifies this transaction in terms of cash flow?
Please provide Solutions
Suppose Gulf Shipping Company had the following results related to cash flows for 2019: Net Income of $5,300,000 Adjustments from Operating Activities of -$500,000 Net Cash Flow from Investing Activities of -$700,000 Net Cash Flow from Financing Activities of $3,200,000 Create a statement of cash flows with amounts in thousands. What is the Net Cash Flow? Note: Financial results are provided in dollars but the income statement units are thousands of dollars. Please specify your answer in the same units as the statement of cash flows (i.e., enter the number from your completed statement of cash flows).
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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1. What is the cash flow statement using the indirect method? 2. What is the free cash flow for this year?
Fidelity Systems reports net income of $81 million. Included in that number is depreciation expense of $9 million, and a gain on the sale of equipment of $2 million. Records reveal increases in Accounts Receivable, Inventory, and Accounts Payable of $3 million, $3 million, and $2 million, respectively. Calculate Fidelity's net cash flows from operating activities using the indirect method. (Negative value should be indicated by minus sign. Enter your answer in millions.) Net cash flows from operating activities million
9) If total change in cash = $44,000, net operating cash flows = $22,000, and net investing cash flows= ($13,000); then net financing cash flows = A) $35,000. B) $45,000. C) $15,000. D) $25,000.

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