Question: 66 Pennywise, Inc. had a great year. Sales reached an all-time high of $25 million, with a gross margin of $8.5 million. Depreciation was recorded at $850,000. Earnings before interest and taxes were $3 million, interest was $1.5 million, and total taxes were $600,000. What was the firm's operating cash flow (OCF)?
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- Operating cash flow. Find the operating cash flow for the year for Harper Brothers, Inc. if it had sales revenue of $305,400,000, cost of goods sold of $146,600,000, sales and administrative costs of $39,700,000, depreciation expense of $60,400,000, and a tax rate of 40%. The operating cash flow is $ (Round to the nearest dollar.)Operating cash flow. Find the operating cash flow for the year for Harper Brothers, Inc. if it had sales revenue of $308,900,000, cost of goods sold of $146,800,000, sales and administrative costs of $39,400,000, depreciation expense of$66,700,000, and a tax rate of 40% . The operating cash flow is $ (Round to the nearest dollar.)Find the operating cash flow for the year for Harper Brothers, Inc. if it had sales revenue of $318,600,000, cost of goods sold of $134,300,000, sales and administrative costs of $39,600,000, depreciation expense of $64,800,000, and a tax rate of 40%. The operating cash flow is $ (Round to the nearest dollar.)
- Butterfly Tractors had $23.00 million in sales last year. Cost of goods sold was $9.80 million, depreciation expense was $3.80 million, interest payment on outstanding debt was $2.80 million, and the firm’s tax rate was 21%. What was the firm’s net income? Note: Enter your answer in millions rounded to 2 decimal places. What was the firm’s cash flow? Note: Enter your answer in millions rounded to 2 decimal places. What would happen to net income and cash flow if depreciation were increased by $2.80 million? Note: Enter your numeric answers in millions rounded to 2 decimal places. Select "unaffected" if the results do not affect the balance. Would you expect the change in depreciation to have a positive or negative impact on the firm’s stock price? What would be the impact on net income if depreciation was $1 million and interest expense was $2 million? What would be the impact on cash flow if depreciation was $2.80 million and interest expense was $3.80 million? Note: Enter your…Marvellous Company has a degree of cash flow operating leverage equal to 1.25. If the company's EBITDA was $1,000 last year while its depreciation and amortisation expense was $50 in the same year, then what was the company's degree of accounting operating leverage? 1.26 1.30 1.32 1.3540. A company has sales of $1,250,000, cost of goods sold of $750,000, depreciation expenses of $250,000 and interest expenses of $55,000. If the company's tax rate is 34% and the income statement is complete, what is this firm's operating cash flow?
- Consider a company with sales of $18,000.0 million, cost of goods sold of 42% of sales, other expenses including salaries (we usually call this SG&A for selling, general and administrative) of $1,750.0 million, depreciation of $2,250.0 million, and interest expense of $2,300 million. Tax rate=21%. Generate an income statement and show net income. What is the company’s operating cash flow? If there are 775.2 million shares outstanding, what is the EPS? If the company has a payout ratio of 20%, what is the dividends per share?1) Firm A has profit margin of 7.5%, sales revenue of $1 million, dividend payout ratio of 60%, debt-equity ratio of 2, and total assets of $3 million. Calculate the internal growth rate for Firm A. 2)Calculate the net impact on cash given the following information: decrease in accounts receivable= $30; decrease in inventory= $45; net fixed asset Disposals= $75; decrease in accounts payable= $27; increase in notes payable= $30; increase in long-term debt= $105; decrease in retained earnings= $18; decrease in common stock= $600.DataDyne Company reported EBIT of $590 million for the most recent fiscal year. Interest expense were $10 million and the current tax rate was 20%. The firm had depreciation expenses of $100 million and capital expenditures of $150 million. In addition, the firm did have a decrease in net working capital of $30 million. What is DataDyne's free cash flow?
- Consider the following operating results for the past year for Sanitation Inc.: Sales = $22,561 Depreciation = $1,390 Interest Expense = $1,120 Costs $16,530 Tax Rate = 21 percent What was the company's operating cash flow (OCF)? =Operating cash flow. Find the operating cash flow for the year for Robinson and Sons if it had sales revenue of $81,500,000, cost of goods sold of $34,500,000, sales and administrative costs of $6,200,000, depreciation expense of $7,100,000, and a tax rate of 30%. The operating cash flow is $ (Round to the nearest dollar.)Consider the following data (be careful there might be some "unnecessary" information). EBIT = 176 Interest expense = 10 Tax rate = 30% Depreciation = 38 Net working capital = 30 Increase in net working capital = 10 Beginning of period Net PP&E = 50 Capex = 16 What is the free cash flow of the firm that year?