Want only correct answer 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

Question: 1Explanation of Sales Revenue: This refers to the total amount of money a company earns…

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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Sheryl’s Shipping had sales last year of $16,000. The cost of goods sold was $7,700, general and administrative expenses were $2,200, interest expenses were $1,700, and depreciation was $2,200. The firm’s tax rate is 21%. What are earnings before interest and taxes? What is net income? What is cash flow from operations?
A company has $600,000 in Sales, $400,000 in Costs, and $100,000 in Depreciation expenses. If the corporate tax rate is 20%, then what is the Operating Cash Flow (OCF)?
For the past year, Kayla, Inc., has sales of $46,382, interest expense of $3,854, cost of goods sold of $16,659, selling and administrative expense of $11,766, and depreciation of $6,415 . If the tax rate is 35 percent, what is the 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?
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