You are short an oil forward. When you sold the forward, oil price was $59. Oil price increased to $66 at forward expiration. Forward price is $60. What is your profit? a) -6 b) -1 c) 0 d) 1 e) 6
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- LO 2 4. Calculating OCF Consider the following income statement: Sales $537,200 Costs 346,800 Depreciation 94,500 EBIT ? Taxes (21%) ? Net income Fill in the missing numbers and then caicrlate e F What is the depreci- ation tax shield? 5. Calculating Depreciation A piece of new p equipmentSuppose you sell a fixed asset for $112,000 when its book value is $112,000. If your company's marginal tax rate is 21 percent, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)? Multiple Choice $112,000 $0 $68,320 $34,720Suppose you sell a fixed asset for $85,000 when it's book value is $100,000. If your company's marginal tax rate is 21%, what will be the effect on cash flows of this sale (i.e., what will be the after-tax cash flow of this sale)? Multiple Choice A. $67,150 B. $100,000 C. $88,150 D. $15,000
- a. Fill in the missing numbers in the following income statement: Note: Do not round intermediate calculations and round your answers to the nearest whole number, e.g. 32. Sales Costs Depreciation EBIT Taxes (25%) Net income $ b. OCF c. Depreciation tax shield 643,700 384,300 136,500 b. What is the OCF? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32. c. What is the depreciation tax shield? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.Suppose you sell a fixed asset...accounting questionsQuestion No. 14. (Financial Accounting): Suppose you sell a fixed asset for $153,000 when it's book value is $187,000. If your company's marginal tax rate is 42%, what will be the effect on cash flows of this sale (i.e., what will be the after-tax free cash flow of this sale)?
- Suppose you sell a fixed asset for $125,000 when it's book value is $139,000. If your company's marginal tax rate is 30%, what will be the effect on cash flows of this sale (i.e., what will be the after-tax free cash flow of this sale)? a. $9,800 b. $14,000 c. $111,300 d. $129,200Consider the following income statement: Sales $ 383,208Costs 249,312Depreciation 56,700Taxes 25% Calculate the EBIT. Calculate the net income. Calculate the OCF. What is the depreciation tax shield? Pls fasti am confused with this Question please solve this one