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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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3 years ago
Your typical markup for merchandise is 36%. Your cost on an item is $11.00. Calculate the selling price.
wolverine [178]

Answer:

$7.04

Explanation:

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8 0
3 years ago
If firms can easily enter and exit a​ market, then A. firms will produce at minimum average cost in the short run. B. firms will
enyata [817]

Answer:

The correct answer is option C.

Explanation:

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If the existing firms will be having negative profits, the firms having loss will exit the market. This will reduce market supply. As a result, the price level will increase. This will go on until all firms will have zero economic profits.  

Similarly, if the existing firms are having positive economic profits in the long run, the other firms will enter the market. This will increase the market supply such that the price level decreases. This will go on till all the firms will be having zero economic profits.

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3 years ago
What tax applies to investments and other personal property?
shusha [124]
This one would be IRS. 
For example, if<span> you end up paying for personal property taxes to your local government, the IRS would allow you to claim a deduction for it on your federal tax return~</span>
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