Hammond Suspension Inc.'s Statement of Cash Flow reveals that this year's cash flow from operations is $57300. Depreciation expense is recorded to be $7650 and change in net working capital is -$8200. Hammond Suspension Inc. is subjected to 20% corporate tax and paid $620 interest expense. Calculate the operating income for Hammond Suspension Inc. . $52,432.5 O. $71,557.5 Oc. $72,932.5 d. $90,817.5 е. 2. $92,057.5
Hammond Suspension Inc.'s Statement of Cash Flow reveals that this year's cash flow from operations is $57300. Depreciation expense is recorded to be $7650 and change in net working capital is -$8200. Hammond Suspension Inc. is subjected to 20% corporate tax and paid $620 interest expense. Calculate the operating income for Hammond Suspension Inc. . $52,432.5 O. $71,557.5 Oc. $72,932.5 d. $90,817.5 е. 2. $92,057.5
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 1RE: Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of...
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hi, this is my finance question. i need answer asap. thxx
![Hammond Suspension Inc.'s Statement of Cash Flow reveals that this year's cash flow from operations is $57300. Depreciation expense is recorded to be
$7650 and change in net working capital is -$8200. Hammond Suspension Inc. is subjected to 20% corporate tax and paid $620 interest expense. Calculate
the operating income for Hammond Suspension Inc.
. $52,432.5
O b. $71,557.5
C. $72,932.5
d.
- $90,817.5
e. $92,057.5](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2ac7a550-011c-4349-9f48-1b0e7dbc48cc%2Fb0cb7677-b704-4fc4-8bac-c0e8e0e497fc%2Ffzhowdv_processed.png&w=3840&q=75)
Transcribed Image Text:Hammond Suspension Inc.'s Statement of Cash Flow reveals that this year's cash flow from operations is $57300. Depreciation expense is recorded to be
$7650 and change in net working capital is -$8200. Hammond Suspension Inc. is subjected to 20% corporate tax and paid $620 interest expense. Calculate
the operating income for Hammond Suspension Inc.
. $52,432.5
O b. $71,557.5
C. $72,932.5
d.
- $90,817.5
e. $92,057.5
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