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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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drek231 [11]

Answer:

the division of $150,000 will be $75000 and $75000.

Explanation:

2) since there is no reference to division of income in the partnership agreement then partnership income will distribute equally

so distribution = 150000/2 = 75000  

so, $ 150,000 will be distributed as $75000 and $75000 to Campbell and Jackson.

3 0
3 years ago
You are bullish on Telecom stock. The current market price is $48 per share, and you have $9,600 of your own to invest. You borr
Gekata [30.6K]

Answer: 7%

Explanation:

The following can be deduced.from the question:

Loan amount = $9,600

Equity = $9,600

Market price = $48 per share

Total investment = $19,200

Growth of Investment = 5%.

We then calculate value of the investment in a year. This.will be:

= 19,200 × 1.05

= $20,160

Interest on the loan would be:

= $9,600 * 0.03

= $288

Therefore, rate of return will be:

= (20,160 - 9,600 - 288)/9,600 - 1

= 0.07 = 7%

8 0
3 years ago
Kyg instruments, a firm that produces manufacturing equipment for various industries, experiences an influx of new sales employe
Natali [406]
As part of the process, the HR department's first step should be to identify that the sales representatives need technical training. It was said in the statement above that most of the new workers have a poor performance although they have a vast experience in sales. Most probably, it would be because they are unfamiliar with the products of the said company and they would lack the technical knowledge needed to do their job well. As an HR staff, you should be able to see that these employees would need some kind of training and education about the products of the company.
6 0
3 years ago
The five new production assistants at Hollywood Studios will attend an orientation meeting on their first day. During orientatio
Lera25 [3.4K]

Answer: Corporate

Explanation:

Corporate culture simply refers to the standards, shared values, attitudes, and beliefs by which the members of an organization are characterized.

The corporate culture is important in guiding how the employees of an organization think and act as it symbolizes the personality of the company shows its core beliefs. New employees are expected to know the corporate culture of an organization.

4 0
3 years ago
Workers at a bicycle assembly plant currently earn the mandatory minimum wage. If the federal government increases the minimum w
sveta [45]

Answer:

(C) Supply of bicycles will shift to the left.

Explanation:

A change in supply results to a shift in the supply curve. A decrease in the change in supply, which is caused by an increase in price will shift the supply curve left.

5 0
3 years ago
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