Phoenix Energy has total sales of $2,512,400 and costs of $1,675,300. Depreciation is $75,800, and the tax rate is 30 percent. The firm does not have any interest expenses. What is the operating cash flow?
Q: Beginning Inventory at FIFO: 17 Units $15 = $255 Beginning Inventory at LIFO: 17 Units @ $11-$187…
A: Explanation for 1: Under First In, First Out (FIFO) method, the inventory, which is…
Q: A company budgets production of 4,895 units for June. Each unit uses 2 hours of direct labor at $39…
A: First, we need to calculate the total direct labor hours needed for the production of 4,895 units.…
Q: 29 2288 30 30 M. Smith £118. paid the following by cheque: F. Hood Received cheques from: R. Pleat…
A: Hope you find the answer useful
Q: Carla corporation had the following activities in 2017...
A: Step 1: Define Cash Flow StatementThe cash flow statement (CFS) is a company's financial statement…
Q: answer must be in table format or i will give down vote
A: First, we need to calculate the total annual cost for making the finials. The total annual cost…
Q: 7.3 Big Co. owns 60% of Little Co, and uses the full equity method to account for their…
A: Step 1: Step 2: Step 3: Step 4:
Q: If a company takes out a loan of $75,000 with an annual interest rate of 5%, how much interest will…
A: Step 1: Given that, Principal amount (P) = $75,000 Interest rate (R) = 5% Time period (T) = 1 year…
Q: Accounting Question please answer
A: Step 1: Define Ratios for a FirmIn the domain of finance, the values for a firm or a share of the…
Q: Answer in step by step with explanation. Don't use Ai and chatgpt.
A: Step 1: Calculate Overhead Rates Assembly Department:Overhead rate = Overhead costs / Machine…
Q: #8 Pea Company purchased 70 percent of Split Company’s stock approximately 20 years ago. On…
A: c. Consolidation Entry to Eliminate Intercompany Building Transfer Determine the Gain on…
Q: General Accounting
A: Step 1: Define Overhead CostsOverhead costs relate to indirect costs associated with production.…
Q: lg
A: Hello student! Activity Variance shows us the difference between the actual level of activity…
Q: General Accounting
A: Step 1: Define The Cash Flow EquationThe cash flow equation is derived from the cash flow statement…
Q: TGW, a calendar year corporation, reported $3,992,000 net income before tax on its financial…
A: Working notes:Depreciation Adjustment = Book depreciation - Tax depreciationDepreciation Adjustment…
Q: Need help for this accounting question not use ai
A: Step 1: Define Stock RepurchaseWhen a company or entity purchases or buys back its own shares from…
Q: Please solve this Question fast as possible
A: Step 1: Define Cost of Goods SoldThe cost of goods sold is the sum of all the direct expenses of…
Q: Solve this one not use chatgpt
A: To calculate the Profitability Index (PI) of investing in the laundry equipment, we need to:1.…
Q: General Accounting Question Solution
A: Step 1: Define Operating Cash FlowA firm's operating cash flow refers to the amount of cash…
Q: The historical cost principle requires that assets be reported at their: a) Market value b)…
A: Explanation of Market Value:Market value refers to the current price at which an asset can be bought…
Q: Electronix Inc. Valuation This assignment aligns with Outcome 7: Evaluate business valuation…
A: The Discounted Cash Flow (DCF) method is a valuation method used to estimate the value of an…
Q: Please Provide answer with correct option
A: Step 1 : Definition of Asset Turnover RatioAsset Turnover Ratio measures how efficiently a company…
Q: gjk
A: (a) FIFO (First In, First Out):In the FIFO method, the oldest units are sold first. The remaining…
Q: Crane Company has recorded the following items in its financial records. Cash in bank: Checking…
A: To determine the "Cash and Cash Equivalents" on Crane Company's balance sheet, we'll need to include…
Q: What is a good reponse to this student? 1. "Outline the tangible and intangible losses as a result…
A: The student's response is comprehensive and well-structured. It clearly outlines both the tangible…
Q: Materials were requisitioned for use, $28,200, of which $25,000 were direct materials. The entry is:…
A: Hello student! The materials account are raw materials used in production. This may include direct…
Q: Question: Schwert Corp. shows the following information on its 2007 income statement: Sales Costs…
A: Understanding Cash Flow to CreditorsDefinitionCash flow to creditors represents the net cash outflow…
Q: Provide correct answer for this accounting question
A: Step 1: Define Owners' EquityAs per the balance sheet equation, the difference between the total…
Q: Accounting what will be the price of a gallon of milk 10 years from now?
A: To calculate the future price of a gallon of milk given an inflation rate of 4.5% per year, we can…
Q: General Accounting Question Solution provide as per required
A: Step 1: Define Debt to Equity Ratio and Net Income:The net income earned by a firm is the income…
Q: Provide correct answer the accounting question
A: Step 1: Define Return on EquityReturn on equity is an important financial ratio that compares net…
Q: The following information is available for the pension plan of Wildhorse Company for the year 2025.…
A: A. Pension expense for 2025ParticularAmountService cost62,500Interest cost47,900Actual and expected…
Q: Accounting. Assume the following relationships for the brauer corp..
A: Given Data:1. Sales/Total Assets = 1.52. Return on Assets (ROA) = 3.0%3. Return on Equity (ROE) =…
Q: vnt
A: Steps to Calculate the Missing Warranty Expense and Adjustments for Current Year1. Warranty Expense…
Q: P/E RATIO? NEED ANSWER
A: Stock$50/ Earnings per share5P/E ratio10 C. A popular financial indicator that aids investors in…
Q: General Accounting
A: Step 1: Define Profitability IndexThe profitability index of a project represents the return on…
Q: None
A: Step 1: Define Make or BuyIn a relevant analysis for a make-or-buy decision, the things to consider…
Q: this Question solve with General Accounting Method
A: Question 1): Differential Cost Calculation for Piper Corp.• Step 1: Identify the cost of purchasing…
Q: Financial Accounting please solve this one
A: Step 1: Define Future ValueFuture value, which is based on an estimated rate of increase over time,…
Q: [The following information applies to the questions displayed below.] Alexandra's Boutique has the…
A: Step 1:Periodic inventory method is the method where inventory is valued at the end of period. LIFO…
Q: Need help with this question
A: Step 1: Define Manufacturing OverheadsManufacturing overheads are varieties of expenses that are…
Q: Please solve this Question with given option
A: Step 1: Define Operating Activities:The operating activities of the business include the activities…
Q: Help calculating Balance sheet items with limited information. Specifically need to know how to…
A: 1) First, let's establish some relationships:With Times Interest Earned of 10: Operating Income =…
Q: Please Solve this One
A: Step 1: Identify Key Project DataAnnual Revenue: $40,000Annual Operating Costs: $29,000Initial…
Q: Solve this accounting question
A: The cycle time for an order, specifically a single window, refers to the total time required to…
Q: Accounting Elite brands company uses standard costs for its manufacturing division..
A: Step 1:- Define Variable OverheadThe manufacturing expenses are known as variable overhead and move…
Q: Accounting how much will you have left 25 years from now?
A: Step 1:- Define Time Value of MoneyBy saving for retirement, an individual prepares to receive some…
Q: Sperberg corporation's operating leverage
A: Step 1: Percentage Change in Net Operating Income can be calculated using the formula of Operating…
Q: General Accounting
A: Step 1: Define Tax BasisText basis refers to the amount that is used to calculate the total capital…
Q: Accounting calculate taxable income
A: 1. First, let's calculate L & L, Inc.'s corporate taxable income:Revenue: $1,020,000Less:…
Q: Provide Answer of this General Accounting Question
A: Question 1:a) Price VarianceGiven:Actual Quantity (AQ) of materials purchased: 42,200 gallonsActual…
Generate General Question
Step by step
Solved in 2 steps
- 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.)A company is trying to ascertain the selling price per unit for their product. They know the OCF is €170,654, interest expense is €21,300, and fixed costs are €116,900. Variable costs are €25.89 per unit with 20,000 units expected to be sold. The tax rate is 34%. Fixed assets total €759,500 and are being depreciated straight-line to zero over seven years. What is the selling price per unit given this information? €40.26 €40.67 €41.32 €42.78 None of the above.Hailey, 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.)
- Graff, 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 OF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)I could use a hand with thisPlease give me answer accounting
- I need help with question is solutionsPatterson 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. %24Your firm has total sales of $1,320. Costs are $730 and depreciation is $110. The tax rate is 22 percent. The firm does not have interest expenses. What is the operating cash flow? Multiple Choice $436 $315 $388 $533 $484
- Mac, Incorporated, has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000. If the tax rate is 23 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.)A firm has an assetsLaiho Industries recently reported the following information in its annual report: Net income = $7.0 million. NOPAT = $60 million. EBITDA = $120 million. Net profit margin = 5.0%.Laiho has depreciation expense, but it does not have amortization expense. Laiho has $300 million in operating capital, its after-tax cost of capital is 10 percent (that is, it’s WACC = 10%), and the firm’s tax rate is 40 percent.a. What is Laiho’s depreciation expense?b. What is Laiho’s interest expense?c. What is Laiho’s sales?d. What is Laiho’s EVA?