Hi expart Provide solution Thompson Manufacturing had sales revenue of $120,000,000, cost of goods sold of $50,000,000,sales and administrative costs of $15,000,000, depreciation expense of $12,000,000, and a taxrate of 25%. What is the operating cash flow for the year? If a company's sales revenue was$89.45 million, and their accounts receivable increased by $17.23 million, while also havingprepaid expenses of $9.58 million, what was the cash received from customers?Options:a. $96.88 millionb. $62.22 millionc. $105.13 milliond. $88.49 million

First Part: Operating Cash Flow (OCF)Operating Cash Flow (OCF) can be calculated using this…

Answered: Thompson Manufacturing had sales…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 5EB: During the current year. Plainfield Manufacturing earned income of $845,000 from total sales of...

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Thompson Manufacturing had sales revenue of $120,000,000, cost of goods sold of $50,000,000, sales and administrative costs of $15,000,000, depreciation expense of $12,000,000, and a tax rate of 25%. What is the operating cash flow for the year? If a company's sales revenue was $89.45 million, and their accounts receivable increased by $17.23 million, while also having prepaid expenses of $9.58 million, what was the cash received from customers? Options: a. $96.88 million b. $62.22 million c. $105.13 million d. $88.49 million
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Green Valley Farms had sales revenue of $95,000,000, cost of goods sold of $45,000,000, sales and administrative costs of $10,000,000, depreciation expense of $8,000,000, and a tax rate of 28%. What is the operating cash flow for the year? A company reported $145.78 million in sales revenue, with accounts receivable increasing by $29.87 million. Additionally, the company made a one-time credit sale adjustment of $6.45 million. How much cash did they receive from customers? Options: a. $175.32 million b. $119.33 million c. $129.78 million d. $136.42 million
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Find the operating cash flow for the year for Monisan and Sons if it had sales revenue of $81,200,000, cost of goods sold of $35,700,000, sales and administrative costs of $6,800,000, depreciation expense of $8,000,000, and a tax rate of 30%.
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Find the operating cash flow for the year for Harper Brothers, Inc. if it had sales revenue of $310,000,000, cost of goods sold of $134,000,000, sales and administrative costs of $40,100,000, depreciation expense of $67,000,000, and a tax rate of 40%.
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Find the operating cash flow for the year for Robinson and Sons if it had sales revenue of $81,700,000, cost of goods sold of $34,300,000, sales and administrative costs of $6,200,000, depreciation expense of $7,100,000, and a tax rate of 30%.
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.)

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