Your firm has the following income statement items: sales of $52,000,00%3; income tax of $1,880,000; operating expenses of $9,000,000; cost of goods sold of $36,000,000; depreciation and amortization of $1,500,000; and interest expense of $800,000. For purposes of determining free cash flow, what is the amount of the firm's after-tax cash flow from operations? O $750,000 O $3,600,000 O $1,008,000 O $5,120,000

Your firm has the following income statement items: sales of $52,000,00%3; income tax of $1,880,000; operating expenses of $9,000,000; cost of goods sold of $36,000,000; depreciation and amortization of $1,500,000; and interest expense of $800,000. For purposes of determining free cash flow, what is the amount of the firm's after-tax cash flow from operations? O $750,000 O $3,600,000 O $1,008,000 O $5,120,000

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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For the past year, Kayla, Incorporated, has sales of $47,747, interest expense of $4,400, cost of goods sold of $17,884, selling and administrative expense of $12,431, and depreciation of $7,430. If the tax rate is 25 percent, what is the operating cash flow? Multiple Choice $16,032 $14,659 $11,632 $5,602 $4,202
Benson, Inc., has sales of $44830, costs of $14,370, depreciatior and interest expense of $2,390. The tax rate if 23 percent. What is the operating cash flow, or OCF?
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%.
Foraker Inc. has sales of $52,900, costs of $35,443, depreciation expense of $3,480, and interest expense of $2,105. If the tax rate is 21%, the operating cash flow (OCF) is:
Use the following information to build an income statement and answer the following question: Sales of $760,000, current assets of $5,400,000 net fixed assets of $28,100,000, and long-term debt of $10,600,000, costs of $316,000, depreciation expense of $39,000, interest expense of $34,000, current liabilities of $4,100,000, and a tax rate of 21 percent. The firm paid out $150,000 in cash dividends and has 100,000 shares of common stock outstanding. What is the addition to retained earnings? O $143,090 O $140,000 O $145,050 O $153,000
Hammett, Inc., has sales of $90,509, costs of $33,530, depreciation expense of $10,890, and interest expense of $3,410. If the tax rate is 37 percent, what is the operating cash flow, or OCF?
Graff, Incorporated, has sales of $55,000, costs of $25,000, depreciation expense of $2,750, and interest expense of $2,500. If the tax rate is 23 percent, what is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Operating cash flow
Moby Dick Corporation has sales of $4,920,229; income tax of $574,192; the selling, general and administrative expenses of $265,391; depreciation of $374,888; cost of goods sold of $2,777,705; and interest expense of $195,023. Calculate the amount of the firm’s after-tax cash flow from operations?
A company has the following income statement. What is its net operating profit after taxes (NOPAT)? Round it to a whole dollar. Sales $ 1,200 Costs 600 Depreciation 170 EBIT $ ? Interest expense 50 EBT $ ? Taxes (20%) ? Net income $ ?
Hailey, Inc., has sales of $19,580, costs of $9,450, depreciation expense of $2,120, and interest expense of $1,610. Assume the tax rate is 40 percent. What is the operating cash flow
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.)
Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow. a. Calculate the firm's net operating profit after taxes (NOPAT) for this year. b. Calculate the firm's operating cash flow (OCF) for the year. c. Calculate the firm's free cash flow (FCF) for the year. d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c). Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Assets Cash Marketable securities Accounts receivable Inventories Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Keith Corporation Balance Sheets Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity December 31 Income…

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