Chapter 9, Problem 5P

solve thi q general accounting

Calculate the Operating Cash Flow (OCF) from the following data: • Change in net fixed assets: $18,000 • Change in net working capital: $22,000 Dividends Paid: $28,000 • Depreciation Expense: $32,000 . Interest Paid: $19,000 • Net New Borrowing: $14,000 • Net New Equity Issued: $9,000

Hannah Brooks receives a travel allowance of $220 each week from her company for time away from home. If this allowance is taxable and she has a 25 percent income tax rate, what amount will she have to pay per year in taxes for this employee benefit? a. $5250 b. $5500 c. $2,860 d. $4880

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no ai  Compute predetermined overhead allocation rate (poar). if you cant understand given values please don't answer question otherwise unhelpful will be given.

Provide correct solution and accounting

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