using the income statement for chester corp below, what is operating cash flow (OCF) for the company? sales- 925,000 COGS- 458,000 Dep Exp- 195,000 EBIT- 272,000 Int exp- 55,800 EBT- 216,200 Taxes- 45,402 NI- 170,798

using the income statement for chester corp below, what is operating cash flow (OCF) for the company? sales- 925,000 COGS- 458,000 Dep Exp- 195,000 EBIT- 272,000 Int exp- 55,800 EBT- 216,200 Taxes- 45,402 NI- 170,798

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 10E

See similar textbooks

Related questions

Q: 2. Complete the below table to calculate income statement data in common-size percents. (Round your…

A: Common size financial statement refers to an analysis statement of the record of a company in a…

Q: HCB, Inc.'s financial partial statements are shown below.…

A: Projected cash flows for the firm had been provided. The Corporate Valuation Model has to be used to…

Q: We are given the following information for Pettit Corporation. Sales (credit) Cash Inventory Current…

A: Formua used Receivables Turonver Ratio = Credit Sales/Average ReceivablesCurrent Ratio = Current…

Q: Financial Information for Powell Panther Corporation is shown below: Powell Panther Corporation:…

A: The decision of issuance of dividend can be influenced by various factors like net income, retained…

Q: Selected financial data regarding current assets and current liabilities for ACME Corporation and…

A: The ratios we need to calculate are:Current Ratio, which is calculated as Current Assets / Current…

Q: . What is the company’s margin (net income after taxes) as a percentage (this is return on sales)…

A: Profit Margin: It is the ratio of the profit made by the company divided by its sales. Asset…

Q: Below are scrambled list of balance sheet and income statement items for TNT Inc. Prepare an income…

A: Calculation of Net Income Income Statement Particulars $ Sales…

Q: Given below are the comparative balance sheets and an income statement for the excellent…

A: 1 Average accounts receivable turnover Net Credit sales/Average accounts receivable 2 Average…

Q: A company has $1,343 in inventory, $4,782 in net fixed assets, $634 in accounts receivable, $278 in…

A: Given: Inventory = $ 1343 Account receivable = $634 Cash = $278 Fixed asset = $4782

Q: You are provided the following working capital information for the Ridge Company: Account Inventory…

A: Part 1:Key Points to Consider:Cash Conversion Cycle (CCC): measures how long it takes a company to…

Q: Ratio Analysis Presented below are summary financial data from Pompeo's annual report: Amounts in…

A: Times interest earned or interest coverage ratio is a measure of a company's ability to honor its…

Question

using the income statement for chester corp below, what is operating cash flow (OCF) for the company?

sales- 925,000

COGS- 458,000

Dep Exp- 195,000

EBIT- 272,000

Int exp- 55,800

EBT- 216,200

Taxes- 45,402

NI- 170,798

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.

Similar questions

Based on the income statement below, what is the company's operating cash flow? Sales $85,250 Costs 48,200 Dep Expense 12,550 EBIT 24,500 Int Expense 5,926 EBT 18,574 Taxes 3,901 Net Income 14,673 $18,574 O$20,599 $15,851 O $33,247 $33,149
Zoogle has the following selected data ($ in millions):Net sales $24,651Net income 6,620Operating cash flows 9,326Total assets, beginning 41,768Total assets, ending 50,497Required:1. Calculate the return on assets.2. Calculate the cash return on assets.3. Calculate the cash flow to sales ratio and the asset turnover ratio.
How do I describe the cash flow pattern
calculate cash flow from assets if given year 1: sales=9402, depreciation=1350, costs of good sold=3235, administrative expenses=767, interest expenses=630, cash=4931, accounts receivable=6527, short term notes payable=953, long term debt=16152, net fixed assets=41346, accounts payable=5179, inventory=11604, and dividends=1147 and given year 2: sales=10091, depreciation=1351, costs of good sold=3672, administrative expenses=641, interest expenses=724, cash=6244, accounts receivable=7352, short term notes payable=895, long term debt=19260, net fixed assets=42332, accounts payable=5022, inventory=11926, and dividends=1261 and tax rate is 34%
What do the ratios tell you about how well this company is doing and its ability to generate cash and effectively use cash for the various operating, investing and financiaing activties in which th company engaes
QUESTION REQUIRED Use the information provided below to prepare the Cash Flow Statement of Jonah Ltd for the year ended 31 December 2022. (Some of the figures have already been entered in the answer book.) INFORMATION The Statement of Comprehensive Income of Jonah Ltd for the year ended 31 December 2022 and Statement of Financial Position as at 31 December 2021 and 2022 are as follows: STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2022 Sales Cost of sales Gross profit Other operating income Gross income Distribution expenses Administrative expenses Earnings before interest and tax Interest income Interest expense Esmings before tax Company tax Earnings after interest and tax STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER: ASSETS Non-current assets Land and buildings Plant and machinery Current assets Inventories Accounts receivable Total assets EQUITY AND LIABILITIES Equity Ordinary share capital Retained earnings Non-current liabilities Long-term borrowings…
How do I compute the operating cash flow to capital expenditure ratio?
The following are excerpts from Hamburg Company’s statement of cash flows and other financial records. From Statement of Cash Flows: Cash flows from operating activities $220,309 Cash flows from investing activities -32,336 Cash flows from financing activities -23,618 From other records: Capital expenditure costs 12,310 Cash dividend payments 11,146 Sales revenue 559,818 Total assets 337,149 Compute cash flows to sales ratio
What is the Cash conversation cycle for rada company
Please solve this provide
Please help me with show all calculation thanku
Suppose the following financial data were reported by 3M Company for 2021 and 2022 (dollars in millions). Current assets 3M Company Balance Sheets (partial) Cash and cash equivalents Accounts receivable, net Inventories Other current assets Total current assets Current liabilities Screenshot Current ratio Working capital 2022 $ $3,180 3,600 2,738 1,932 $11,450 $4,830 2021 $1,836 3,180 3,019 1,590 Suppose that at the end of 2022, 3M management used $183 million cash to pay off $183 million of accounts payable. How would its current ratio and working capital have changed? (Round current ratio to 2 decimal places, e.g. 1.25: 1. Enter working capital answer to million.) $9,625 $5,887 :1 million Done