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mylen [45]
1 year ago
11

Hammett, Inc., has sales of $19,570, costs of $9,460, depreciation expense of $2,130, and interest expense of $1,620. Assume the

tax rate is 35 percent. What is the operating cash flow, or OCF?
Business
1 answer:
ale4655 [162]1 year ago
5 0

Answer:

$7,884

Explanation:

Data provided in the question:

Sales = $19,570

Cost = $9,460

Depreciation expense = $2,130

Interest expense = $1,620

Tax rate = 35%

Now,

Net Income before Tax

= Sales - Cost - Depreciation expense - Interest expense

= $19,570 - $9,460 - $2,130 - $1,620

= $6,360

Therefore,

Tax = Tax rate × Net Income before Tax

= 0.35 × $6,360

= $2,226

Thus,

Net income = Net Income before Tax - Tax

= $6,360 - $2,226

= $4,134

Therefore,

Operating cash flow = Net Income + Depreciation + Interest

= $4,134 + $2,130 + $1,620

= $7,884

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Wolfpack, Inc.provides goods and services to customers during the year totaling $100,000. Also during the year, customers are gr
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Explanation:

Net revenue is simply defined as the total amount of money that an economic entity such as an individual or firm makes from sales minus the direct expenses. The net revenue accounts for the refunds, price reductions, and the direct expenses.

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2 years ago
Which statement best describes a business creating an incentive, or a benefit?
muminat

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B. A restaurant offers a discounted price on a new type of dish.

Explanation:

Here are the options to this question :

Which statement best describes a business creating an incentive?

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B. A restaurant offers a discounted price on a new type of dish.

C. A car dealership increases the price on a car when it becomes

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Disney positions its brand as “a magical world where your dreams come true.” In its brand positioning, what goal does Disney ach
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