Sheaves, Inc., has sales of $54,000, costs of $24,600, depreciation expense of $2,650, and interest expense of $2,400.   If the tax rate is 21 percent, what is the operating cash flow, or OCF?

Q: The annual revenue, expenses, and depreciation for a company are $130,000; 32,000; and $12,000,…

A: Revenue = 130,000 Expenses = 32000 Depreciation = 12000 Tax Rate = 23%

Q: The Rogers Corporation has a gross profit of $770,000 and $297,000 in depreciation expense. The…

A: Cash flow of companies will be equal to Net Income after tax plus depreciation

Q: Sales are 2,000,000.  COGS are 1,000,000.  Depreciation is 300,000.  Taxes are 150,000.   SG&A is…

A: Operating cash flow of the business means income generated from the operations of the business but…

Q: Amalgamated Industries has Sales of 3,000, COGS of 1,000, and EBIT of 1,200. If Depreciation is 300,…

A: Here; We have Sales of $3,000 COGS of 1,000 EBIT of 1,200 Depreciation expense is 300 Interest…

Q: Patterson Brothers recently reported a EBITDA of $7.5 million and net income of $2.625 million. It…

A: Depreciation is the decrease in the value of the fixed assets over the specific period of time due…

Q: Sheaves, Inc, has sales of $55,500, costs of $25,200, depreciation expense of $2,800, and interest…

A: The operating cash flow is calculated by adding depreciation and interest expense in the net income…

Q: Last year, Sharpe Radios had net operating profit after-taxes (NOPAT) of $7.8 million. Its EBITDA…

A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…

Q: During 2018, Raines Umbrella Corp. had sales of $750,000. Cost of goods sold, administrative and…

A: Here, Free Cash flow to Equityholder, FCFE = Dividend paid to the shareholders = $68,000Let's put…

Q: Your pro forma income statement shows sales of $982,000, cost of goods sold as $482,000,…

A: Earnings before interest and taxes: Earnings before interest, depreciation and taxes are the…

Q: Coolidge Cola is forecasting the following income statement: Sales…

A: The net cash flow of a company can be calculated by adjusting the cash inflows and cash outflows of…

Q: Webster's has beginning net fixed assets of $684,218, ending net fixed assets of $679,426, and…

A: Given the following information: Beginning Net Fixed Assets: $684,218 Ending Net Fixed Assets:…

Q: Your firm has the following income statement items: sales of $52,000,00%3; income tax of $1,880,000;…

A: Cash flows from operations means all cash inflows and outflows generated from the operations of the…

Q: Local Co. has sales of $10.3 million and cost of sales of $6.1 million. Its selling, general and…

A: Answer -    Part A -  Given,  Sales = $10.30 million Cost of goods sold = $6.10 million   So, Gross…

Q: The annual revenue, expenses, and depreciation for a company are $130,000; 32,000; and $15,000,…

A: Annual Revenue = 130,000 Expenses = 32,000 Depreciation = 15,000

Q: Taurus Inc, has sales of $540,000, costs of $225,150, depreciation expense of $48,400, interest…

A: Sales = 540,000 Costs = 225,150 Depreciation = 48,400 Interest expense = 37,000 Other expenses =…

Q: Benson, Inc., has sales of $42,030, costs of $13,650, depreciation expense of $2,950, and interest…

A: Calculation of operating cash flow are as follows:

Q: In 2018, the total costs of operations (excluding income tax) amounted to P1,680,000. Included in…

A: Operating income after tax = ( net sales - operating cost ) x ( 1 - tax rate )…

Q: Gorilla Movers has sales of S645,560, cost of gods sold of SsA25,890, depreciation of $32,450, and…

A: The times interest earned ratio is calculated as ratio of earnings before interest and taxes and the…

Q: Willard, Incorporated has sales of $26,400, costs of $9,400, depreciation expense of $1,500,…

A: Operating cash flow refers to the cash flow generated by an entity from its operations. It is…

Q: The ABC Company has net sales of $700,000, a gross profit margin of 40%, operating expenses…

A: The remaining amount of the revenue after the deductions of the expenses and the tax amount is term…

Q: Hammett, Inc., has sales of $34,630, costs of $10,340, depreciation expense of $2,520 and interest…

A: Operating cash flows = NOPAT + Depreciation = EBIT x (1 - Tax rate) + Depreciation = (Sales - Costs…

Q: Foraker Inc. has sales of $46,200, costs of $23,100, depreciation expense of $2200, and interest…

A: Sales = $46,200 Costs = $23,100 Depreciation = $2,200 Interest expense = $1700 Tax rate = 22%

Q: Precision System had sales of $820,000, cost of goods of $510,000, selling and administrative…

A: Income statement of income and expenses  and operating profit is also called as EBIT

Q: During the year, Belyk Paving Co. had sales of $2,600,000. Cost of goods sold, administrative and…

A: Calculate the net income as follows:

Q: Patterson Brothers recently reported an EBITDA of $7.5 million andnet income of $2.1 million. It had…

A: Given information: EBIDTA is $7.5 million Net income is $2.1 million, Interest expense is $2.0…

Q: Griffin's Goat Farm, Inc., has sales of $675,000, costs of $337,000, depreciation expense of…

A: Addition to retain earning will be the amount remain after payment of all expenses ,taxes and…

Q: Foraker Inc. has sales of $52,900, costs of $35,443, depreciation expense of $3,480, and interest…

A: The operating cash flow is calculated as net income after adjusting for non cash expenses.

Q: Graff, Incorporated, has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and…

A: Operating cash flows is the amount of cash flows the company is able to generate from operations.…

Q: Given the following information for O'Hara Marine Co., calculate the depreciation expense: sales =…

A: Depreciation is an accounting method of allocating the cost of a tangible or physical asset over its…

Q: During 2018, Raines Umbrella Corp. had sales of $800,000. Cost of goods sold, administrative and…

A: Answer and calculations are given below

Q: Your firm has the following income statement items: sales of $52,000,000; income tax of $1,880,000;…

A: For the purpose of computing the cash flow from operations: 1. Any non-cash income or expense needs…

Q: Patterson Brothers recently reported an EBITDA of $8.5 million and net income of $1.8 million. It…

A: Solution:- EBITDA Stands for:- Earnings before interest tax depreciation and amortization.

Q: Griffin's Goat Farm, Inc., has sales of $673,000, costs of $335,000, depreciation expense of…

A: Retained earnings refer to the surplus of income earned over an accounting year. Retained earning is…

Q: Lim Motors has sales of RM116,400, costs of goods sold of RM64,800, depreciation of RM7,100 and…

A: Sales = RM 116,400 Costs of goods sold = RM 64,800 Depreciation = RM 7,100 EBIT = Sales-Costs of…

Q: Pearson brothers recently reported an EDITDA of $7.5 million and net income of $1.8 million.  It had…

A: (EBITDA - interest -depreciation )*(1-tax) = net income  Let depreciation is x

Q: Renew Life Industries has an EBIT of $28 million, depreciation of $3 million and a tax rate of 38%.…

A: Cash flow: It implies to the net flow of cash after deducting all the outflows of cash from the…

Q: Find the operating cash flow for the year for Harper​ Brothers, Inc. if it had sales revenue of…

A: Operating cash flow = profit after tax /net income + depreciation - taxes

Q: Local Co. has sales of $10.2 million and cost of sales of $6.2 million. Its selling, general and…

A: Gross profit margin (GPM) refers to the portion of the company’s goods and services that is…

Q: Consider the following information for Belle Corp. Selling and Administrative Expenses 50,00o.00;…

A: Operating Profit-: Operating Profit is the revenue earned from the core undertakings of a company,…

Q: Hailey, Inc., has sales of $24200, costs of $8800, depreciation expense of $2600, and interest…

A: Operating cash flow refers to the cash generated by the regular operating activities of a business…

Q: Talbot Enterprises recently reported an EBITDA of $8 million and net incomeof $2.4 million. It had…

A: Depreciation and amortization are non-cash expenses that are deducted from EBITDA in the process to…