Williams, Inc., has sales of $25,300, costs of $9,100, depreciation expense of $1,700, and interest expense of $950. If the tax rate is 40%, what is the operating cash flow or OCF?
Q: Need help with this general accounting question
A: Step 1: Define Cost of the MachineCost of the machine include the purchase price plus any other…
Q: In early 2023, for the frst time, Ayayai Corp. invested in the common shares of another Canadian…
A: Step 1:The entity purchases some investments when they have idle funds lying with them in order to…
Q: Give me answer help
A: To determine the required financial ratios, we use the provided data: a. Times Interest Earned…
Q: answer??
A: Explanation of Job Costing: Job costing is an accounting method used to track and accumulate the…
Q: Explain answer thank you
A: DefinitionsDeferred Tax Assets (DTA):Deferred tax assets arise when a company pays more tax to the…
Q: What is the full cost per unit?
A: Explanation of Full Cost: Full cost represents the total expense of producing and selling a unit,…
Q: Want Answer. Thank for your help
A: a) Unbilled amounts where performance occurred. A contract asset, as defined by accounting rules…
Q: Horse Corporation acquires all of Pony, Inc. Please solve these accounting problem
A: Step 1: Define GoodwillGoodwill is a type of intangible asset that is associated with a company…
Q: Please explain tutor
A: To answer this question, we must consider the structure of a company and its ownership. When one…
Q: Sarasota Corporation had the following 2025 income statement. Sales revenue $220,000 Cost of goods…
A: We are given the following information;Net Income: $43,000Depreciation Expense: $23,000 (non-cash…
Q: General Accounting Question please answer do fast
A: Step 1: Define Itemized deductionItemized deduction is a kind of deduction provided by the…
Q: Solve these accounting question not use ai
A: Step 1: Define Cash CollectionThe cash collection depends on the company's estimated cash collection…
Q: Fancial account give me answer.....
A: Step 1: Define Gross ProfitThe first computation of the income statement is the gross profit. We…
Q: 48 Endothon Company presently manufactures and assembles all the parts for its toy tractor product.…
A: Step 1: Cost of Making Variable costs per unit = Direct materials + Direct labor + Variable…
Q: On February 6, Blossom Home sold $98,500 of merchandise to A1 Interiors Company, terms 2/10, net/30.…
A: Step 1: February 6: Sale of merchandise to A1 Interiors CompanyDetails:Merchandise sold:…
Q: tutor hrlp
A: Approach to solving the question: Analysis Detailed explanation:Given Data:Direct materials:…
Q: What is the firm's accounts receivable balance based on a 365- day year on these accounting…
A: Step 1: Define Accounts ReceivableAccounts receivable is an accounting term that describes the…
Q: On January 3, 2022, Persoff Corporation acquired all of the outstanding voting stock of Sea Cliff,…
A: Consolidation WorksheetBelow is the consolidation worksheet incorporating the consolidation…
Q: Need General Accounting Questions Solution provide the Correct answer what is final Answer
A: Step 1: Define Average Accounts ReceivableAverage accounts receivable refers to the amount of…
Q: Hello tutor provide solution this accounting question
A: Step 1: Define GoodwillIn financial accounting, goodwill refers to an intangible asset that is…
Q: Provide correct answer the accounting question
A: Step 1: Define Work In ProgressWork in progress refers to the total amount of goods that are still…
Q: Please give me answer general accounting
A: Step 1: Define Sales ReturnSales return refers to the value of goods that has been returned from the…
Q: Question The contribution margin equals? a) Sales minus variable costs b) Sales minus fixed costs c)…
A: Step 1:Contribution margin: It is the difference between sales revenue and total variable costs. It…
Q: What is the total manufacturing cost per unit for Hadley under the ABC system on these accounting…
A: Step 1: Define Manufacturing CostTotal manufacturing cost can be defined as the total expenses paid…
Q: Can you please answer this accounting question do fast? Ouirky inc.....
A: Step 1: Define Taxable IncomeIn accounting, taxable income is recognized as an income in which the…
Q: I am waiting for answer
A: Impact on Financial Statements: The new standard is likely to have a significant impact on the…
Q: Need answer the accounting question not use ai
A: Step 1: Define Variable CostingUnder variable costing, the fixed manufacturing overhead cost is…
Q: What amount should be debited?
A: Explanation of Patent: A patent is an intangible asset that represents a legal right granted by the…
Q: Provide this question solution general finance
A: Step 1: Define Net Profit MarginThe net profit margin is one of the profitability ratios used in the…
Q: Accounting Darter corporation uses the weighted overage the following information is available for…
A: Step 1:Computation of the units completed during January: Units completed during January = Units on…
Q: ?? Give me solution
A: Explanation of Cash Sales:Cash sales refer to transactions where customers pay immediately in cash.…
Q: Provide correct answer the accounting question
A: Step 1: Define Profit MarginThe amount of profit generated from each dollar of sales is calculated…
Q: Accounting...valley manufacturing..
A: Step 1: Define Equivalent UnitsAn equivalent unit is calculated to determine the total amount of…
Q: DL variances; journal entries Calista & Lane, CPAs, set the following standard for its inventory…
A: a. Compute the total actual payroll.Given:The firm actually worked 330 hours.The average hourly rate…
Q: Financial accounts
A: Step 1: Define Activity cost PoolExpenses incurred in carrying out a specific business task, like…
Q: Hello tutor provide correct answer the general accounting question
A: This problem uses the Capital Asset Pricing Model (CAPM) formula, which is:E(Ri)=Rf+βi⋅[E(Rm)−Rf]…
Q: 10) After the computation of the cost of goods sold, what final adjustment is required to compute…
A: Option a: This option is correct because after the computation of the cost of goods sold the under…
Q: Exercise 8-14 (Algo) Sales and Production Budgets [LO8-2, LO8-3] The marketing department of Jessi…
A: Calculation of Required 1Calculation of Required 2 65% of Sales made in a quarter is collected in…
Q: Provide this question solution accounting
A: Step 1: Define Equivalent UnitsEquivalent units of each cost are first calculated to allocate the…
Q: Need all answer
A: Definitions 1. Operating Segments:Operating segments are components of a company that engage in…
Q: Financial Accounting
A: The formula is:(Ri)=Rf+βi×(E(Rm)−Rf)Where:E(Ri): Expected return on the stockRf: Risk-free…
Q: Solve the problem
A: Explanation of Petty Cash Fund:A petty cash fund is a small reserve of cash set aside by a business…
Q: Help
A: Approach to Solving the QuestionUnderstand the Scenario:The objective of the question is on business…
Q: Solution need
A: Explanation of Book Value: Book value is the net amount of a fixed asset on a company's balance…
Q: On January 1, 2023, the dental partnership of Angela, Diaz, and Krause was formed when the partners…
A: The initial capital contributions of the partners are as follows: Angela contributed $45,000, Diaz…
Q: None
A: Step 1: 1) If Preferred Stock shares are cumulative and nonparticipatingPreferred Stock shares are…
Q: posting in account
A: Part 1: Markup Percentage using Absorption Cost PricingThe absorption cost per unit is calculated as…
Q: Accounting intermountain..
A: Step 1: Define Balance sheetThe accounting statement that classifies the statement into three…
Q: Please see the Question
A: Prepaid utilities (beginning) = $15,000Less: Utilities expense:Q1…
Q: According= find out the direct labor rate variance
A: Explanation of Direct Labor Rate: Direct labor rate is the hourly wage or salary paid to workers…
Get correct answer general accounting
Step by step
Solved in 2 steps
- What is the operating cash flow?Daniel's Market has sales of $36,000, costs of $28,000, depreciation expense of $3,000, and interest expense of $1,500. If the tax rate is 30 percent, what is the operating cash flow, OCF?What is the annual operating free cash flow if operating revenues increase by $1.2 million, operating expenses (ex-depreciation) go up by $0.7 million, and depreciation goes up by $0.32 million? The tax rate is 31%. Express in $ million, to the nearest $0.001 mil. Drop the $ sign. E.g., if your answer is $506,500, record it as 0.507.
- If cash flow from operating activities is 700,000, tax rate is 30%, and capital expenditure is 80,000, what is free cash flow?Calculating OCF (LO3) Fergus Inc. has sales of $39,500, costs of $18,400, depreciation expense of $1,900, and interest expense of $1,400. If the tax rate is 35%, what is the operating cash flow, or OCF?None
- Given are the following data for year 1:Revenue = $45 million; Variable cost = $10 million; Fixed cost = $5 million; Depreciation = $1 million; Interest expense = $3 million; Capital expenditure = $12 million; Change in working capital = $2 million. Corporate tax rate is 30%. Calculate the free cash flow to firm (FCFF) for year 1: a. $4.2 million b. $6.3 million c. $7.3 million d. $5.2 millionA firm has sales of $96,400, costs of $53,800, interest paid of $2,800, and depreciation of $7,100. The tax rate is 34 percent. What is the value of the cash coverage ratio? ○ Al 1727 B) 1521 12.68 D) 12.14 0日 23.41Calculate a firm's free cash flow if it has net operating profit after taxes of $60,000, depreciation expense of $10,000, net fixed asset investment requirement of $40,000, a net current asset requirement of $30,000 and a tax rate of 30%
- What is the operating cash flow? Give correct calculationDetermine the cash fixed costs which are used when calculating EBDAT:Administrative expenses = $100, 000; Rent expenses = $70,000;Depreciation expenses = $50,000; and Interest expenses = $20,000A 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)?