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12345 [234]
2 years ago
5

Graff, Incorporated, has sales of $49,500, costs of $22,800, depreciation expense of $2,200, and interest expense of $1,950. If

the tax rate is 22 percent, what is the operating cash flow, or OCF
Business
1 answer:
Mice21 [21]2 years ago
7 0

The operating cash flow, or OCF is $21,736

<h3>What is operating cash flow?</h3>

Operating cash flow (OCF) is a measure of the amount of cash generated by a company's normal business operations.

Computation of OCF is shown below:

Sales                      $49,500

Less:

Cost                        ($22,800)

Depreciation          ($2,200)

EBIT                        $24,500

Less:

Interest                   ($1,950)

Profit before tax     $22,550

Less:

Tax 22%                  ($4,961)

Net income             $17,589

EBIT                         $24,500

Less:

Tax 22%                  ($4,961)

Add:

Depreciation           $2,200

Operating cash flow $21,736

Learn more about operating cash flow here : brainly.com/question/24674907

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If i am medically retired from the military do i still receive va disability pay
yaroslaw [1]
If you have a VA service-connected disability rating of 10% or higher, you are eligible to receive a monthly compensation check from the VA. The monthly compensation payments vary by your disability rating—and if your rating is 30% or higher—the rates are increased, depending number of dependents you have filed on your claim.
6 0
3 years ago
A contingent liability is:Multiple ChoiceAlways of a specific amount.An obligation arising from the purchase of goods or service
Ainat [17]

Answer:

A potential obligation that depends on a future event arising from a past transaction or event

Explanation:

A contingent liability is a potential obligation that depends on a future event arising from a past transaction or event.

Contingent liability are usually recorded in the financial statements if :

A. The contingency is likely to occur

B. The amount can be estimated.

I hope my answer helps you

5 0
3 years ago
Elmer Sporting Goods is getting ready to produce a new line of golf clubs by investing $1.85 million. The investment will result
Tems11 [23]

Answer:

The payback period for this project is 2.43 years.

Explanation:

Elmer Sporting Goods is getting ready to produce a new line of golf clubs by investing $1.85 million.

The investment will result in additional cash flows of $525,000, $812,500, and 1,200,000 over the next three years.

The payback period is the time it takes to cover the investment to be covered by returns.

The investment cost remaining in the first year

= $1,850,000 - $525,000

= $1,325,000

The investment cost remaining in the second year

= $1,325,000 - $812,500

= $512,500

The third year payback

= \frac{\$ 512,500}{\$ 1,200,000}

= 0.427

The total payback period

= 2.43 years

6 0
3 years ago
A structure that organizes worldwide operations primarily based on function and secondarily on product is called: a global area
Tatiana [17]

Answer:

a global functional division.

Explanation:

In a global functional structure, the MNC activities are to be organized among the particular functions that are related to the production, finance, marketing etc. Here the developments are establishment that would have the responsibility worldwide for the particular function

So as per the given situation, the above should be the answer

8 0
2 years ago
44) Christopher, a department manager, is attending the monthly budget planning meeting where all the department managers report
andreev551 [17]

When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening.

<h3>What is active listening?</h3>

Active listening is a type of listening where the listener give rapt attention to the person <em>speaking</em> including the guestures.

The individual also ask questions to confirm all that his learning.

Therefore, When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening

Learn more on active listening here,

brainly.com/question/3185541

5 0
2 years ago
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