Net change in working capital is $3,200. Net capital spending is $750. EBIT is $1,450. Depreciation is $690. Taxes are $500. Find Operating Cash Flow (OCF).
Q: Last year a business had sales of $520,000, a turnover of 3.0, and a return on investment of 58%.…
A: To calculate the net operating income, we'll follow these steps:1. Calculate the total assets:Total…
Q: What was the average collection period in days
A: Explanation of Accounts Receivable:Accounts receivable represents the amount of money a company is…
Q: Which of the following best describes standard costs? A) Costs used as a budget for a single unit of…
A: Correct Answer:A) Costs used as a budget for a single unit of productExplanation:Standard costs…
Q: None
A: Given data:Net change in working capital = $3,200Net capital spending = $750EBIT (Earnings Before…
Q: 1.11 acc
A: Answer for 1.1.13The allocation of joint product costs at the split-off point is governed by the…
Q: What are Generally Accepted Accounting Principles (GAAP)? Ex
A: The Generally Accepted Accounting Principles (GAAP) are a set of rules, standards, and practices…
Q: Provide Accurate Answer
A: Step 1: Definition of Notes ReceivableA notes receivable is a written promise by a borrower to pay a…
Q: Please need answer the financial accounting question not use ai and chatgpt
A: Step 1: Define Return on Common Stockholders' Equity (ROE):Return on Common Stockholders' Equity…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Profit MarginProfit Margin is a financial metric that shows the percentage of…
Q: Provide currect answer
A: Concept of Sales Revenue:Sales revenue is the total amount earned from selling goods or services…
Q: Managerial accounting
A: Step 1: Analysis of information givenNet Sales = $1,200,000Net Income = $102,000We need to calculate…
Q: Net change in working capital is
A: we use the formula:OCF = EBIT + Depreciation - Taxes - Net Change in Working CapitalGiven:EBIT =…
Q: Solve this Accounting Problem
A: Provided Data:High activity (May): 56,000 units, Cost = $162,600Low activity (November): 18,000…
Q: General accounting question
A: Step 1: Definition of Net IncomeNet Income is the profit a company earns after deducting all costs,…
Q: Can you help me with this question answer general accounting?
A: Step 1: Definition of Return on Capital Employed (ROCE)Return on Capital Employed (ROCE) is a…
Q: Can you help me with accounting questions
A: Step 1: Definition of Debt to Equity RatioThe Debt to Equity Ratio is a financial ratio that…
Q: Kindly help me with this question answer general accounting
A: Applied overhead = 125% of direct labor costApplied overhead = 125% x 76,500Applied overhead =…
Q: Accounting questions
A: Step 1: Definition of Profitability Index (PI)The Profitability Index (PI) is a financial metric…
Q: General accounting question
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) is a financial ratio that…
Q: find the lab or price variance
A: Step 1: Definition of Labor Price VarianceLabor Price Variance measures the difference between the…
Q: Accounting
A: Step 1: Definition of Shareholder Equity and Net Working CapitalShareholder Equity is the residual…
Q: Blue Ridge Logistics acquired a truck for $75,000 at the beginning of the year. The truck has a…
A: Step 1: Definition of Straight-Line DepreciationStraight-Line Depreciation: It is a method used to…
Q: ??
A: Given Information: Total cost per unit at 100,000 units = $50.00Variable cost per unit = $20.00New…
Q: How many units should blue ridge produce during September on these accounting question?
A: Step 1: Definition of Production RequirementProduction Requirement refers to the specific conditions…
Q: Provide solution and accounting
A: Step 1: Definition of Key TermsTotal Assets: Represents everything a company owns that has economic…
Q: Provide correct answer general accounting question
A: The dividend yield is calculated using the formula:Dividend Yield=(Annual Dividend per Share/Market…
Q: SUBJECT FINANCIAL ACCOUNTING
A: Explanation of Net Income:Net income is the company's total profit after all expenses, including…
Q: On January 1, 2023, Everest Textiles acquired a patent for $300,000 giving it the right to…
A: Step 1: Definition of Amortization and DepreciationAmortization is the process of spreading the cost…
Q: account cost of sales?
A: Step 1: Definition of Cost of SalesCost of Sales (also known as Cost of Goods Sold or COGS)…
Q: I need correct solution of this general accounting question
A: Step 1: Define Underfunded PBOAn underfunded PBO means that the Pension Plan Assets are less than…
Q: ?
A: Concept of Goodwill:Goodwill is an intangible asset that arises when a company is acquired for more…
Q: Find out
A: Concept of Fixed CostsFixed costs are expenses that do not change with the level of production or…
Q: General accounting
A: Step 1: Define Gross ProfitGross Profit is the amount of money a company earns from selling a…
Q: ??!!
A: Provided Data:High activity: 4,500 desks, Total cost = $86,625Low activity: 1,800 desks, Total cost…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Debt to Equity RatioThe debt-to-equity ratio measures a company's financial…
Q: On January 1, 2013, R Corporation leased equipment to Hela Company. The lease term is 9 years. The…
A: Step 1: DefinitionsExplanation of Sales-Type LeaseA sales-type lease is a lease arrangement where…
Q: ABC Ltd. reported a net income of $850 million and sales revenue of $18,200 million in 2023. The…
A: Step 1: Definitionsa) Asset Turnover Ratio - Extended DefinitionThe Asset Turnover Ratio is a…
Q: what will be the after-tax income?
A: The after-tax income from the project will be $9,000 after applying the 25% tax rate to the $12,000…
Q: Right answer
A: Explanation of Net Income: Net income represents the financial gain or profit that a business…
Q: Perk's basis in this land is $ ??
A: A taxpayer's basis in property generally includes the purchase price plus any costs incurred to…
Q: what is the company's residual income? accounting question
A: Step 1: Definition of Residual IncomeResidual income is the income that remains after deducting the…
Q: Use the following data to find the total direct labor cost variance if the company produced 4,200…
A: Step 1: Definition of Total Direct Labor Cost VarianceTotal Direct Labor Cost Variance measures the…
Q: Calculate the direct labor rate variance?
A: Step 1: Definition of Direct Labor Rate VarianceThe Direct Labor Rate Variance measures the…
Q: What is the gross margin?
A: Step 1: DefinitionsExplanation of Sales (Revenue):Sales, or revenue, is the total amount earned by a…
Q: Assuming no safety stock, what is the re-order point (R) given an average daily demand of 65 units,…
A: Reorder Point CalculationReorder point (R) is the level of inventory where a new order should be…
Q: Please give me answer general accounting question
A: Step 1: Definition of RatiosCurrent Ratio: Measures the company's ability to pay its short-term…
Q: A wealthy investor is considering purchasing a perpetual annuity that pays $1.8 million per year…
A: The present value (PV) of a perpetual annuity is calculated using the formula: PV=rC where:C =…
Q: Accounting sum 6 marks
A: Concept of SalesSales represent the total revenue generated from selling goods or services before…
Q: I want the correct answer with accounting
A: Step 1: Definition of Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) refers to the direct costs…
Q: A company has the following financial data: Operating income: $400,000 • Average operating assets:…
A: The residual income (RI) is calculated using the formula: RI=Operating Income−(Average Operating…
Ans
Step by step
Solved in 2 steps
- What is the opereting cash flow? General accountingSales are 2,000,000. COGS are 1,000,000. Depreciation is 300,000. Taxes are 150,000. SG&A is 100,000. Interest Expense is 75,000. What is Operating Cash Flow? Please explainSales are 2,000,000. COGS are 1,000,000. Depreciation is 300,000. Taxes are 150,000. SG&A is 100,000. Interest Expense is 75,000. What is Operating Cash Flow?
- Use the following to determine FCF (Free Cash Flow) for the current year. Assume an effective tax rate of 25%: Revenue COGS (Cost of Goods Sold) Gross Profit Wages Expense Rent and Other Occupancy Expense Depreciation Expense Operating Income Current Assets Accounts Receivable Inventory Total Current Assets Gross Fixed Assets (at historical cost) less: Accumulated Depreciation Net Fixed Assets Total Assets Current Year 100,000 67,000 11,500 15,000 1,000 8,500 5,500 50,000 30,000 20,000 Prior Year 4,200 950 8,200 6,000 46,000 29,000 17,000 Current Liabilities Accounts Payable Wages Payable Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234. Show a decrease as a negative figure. Type your answer... 4,500 900Consider the following cash flows: Year Cash Flow 0 −$ 33,500 1 13,500 2 18,200 3 10,900 What is the IRR of the cash flows?Calculate the operating cash flow based on the following information: A company has EBIT of $10,000, the corporate tax rate is 21%, and depreciation is $7,000. O $7,900 O $17,000 O $14,900 O $2,370
- What is the operating cash flow for this financial accounting question?Compute the rate of return for the following cash flows: Year Cash Flow 1-5 $1,512 6-10 $29,25629. If cash flow from operations is $7,300, net capital spending is $3,500, and net working capital increases by $1,600, what is cash flow from assets? A) $2,200 B) $ 5,400 C) $ 9,200 D) $10,800 E) $12,400