1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
The following information was taken from the records of Roland Carlson Inc. for the year 2017: income tax applicable to income f
avanturin [10]

Answer:

Following are the  solution to the given question:

Explanation:

Revenue before continuing business                                      585000

less:income tax                                                                         -187000 

Continuous business revenue                                                398,000

Operations stopped

Loss of non-compliance                                    -75000

Less: Applicable drop in income tax from        25500           - 49500

net sales                                                                                     348500

Popular inventory per share

Continued operating revenue [\frac{398000}{100000}] \ \ \ \ \ \ \ \ \ \ \ \ \  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$3.98

Losses on disrupted businesses, tax net[\frac{-49500}{100000}] Net-0.495

Net profits [\frac{348500}{100000}] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3.485

8 0
2 years ago
The ABS company has a capital base of $270 million, an opportunity cost of capital (k) of 19%, a return on assets (ROA) of 9%, a
tiny-mole [99]

Answer:

0.9

Explanation:

7 0
2 years ago
Q5) which one company is the best one you wish to invest for next 3 decades, based on its management, product or business model,
Citrus2011 [14]

Tesla  is the company is the best one people wish to invest for next 3 decades, based on its management, product or business model, financial condition, consistent past and potential earning.

<h3>What is the management structure of Tesla?</h3>

According to management experts, Tesla is one company that has a practical organizational structure with a lot of hierarchical structure.

Tesla is a company that is reported to use functional centers that are well-structured and cover all aspect of their business operations, including finance, sales, marketing, and technology.

Thus, the company is Tesla.

For more information about management structure of Tesla, click here:

brainly.com/question/23554447

#SPJ1

5 0
1 year ago
On January 1, 2020, Beyonce Co. purchased 25,000 shares (a 10% interest) in Elton John Corp. for $1,400,000. At the time, the bo
Drupady [299]

Answer: $‭4,688,250‬

Explanation:

Carrying value on Jan 1, 2021:

= Interest + share of net income Dec 31,2020

= 1,400,000 + (10% * 700,000)

= $1,470,000

Carrying value, June 2021:

= Carrying value + share of net income

= 1,470,000 + (10% * 500,000)

= $1,520,000

Carrying value, July 2021:

= Carrying value + Net stake purchased

= 1,520,000 + 3,040,000

= $4.560,000

Carrying value, December 2021

= Carrying value + share of net income - share of dividends

= 4,560,000 + (30% * 815,000) - (1.55 * (25,000 + 50,000 shares))

= $‭4,688,250‬

8 0
2 years ago
W. L. Gore &amp; Associates is organized in such a way that it has no formal job titles, job descriptions, or chains of command.
Harrizon [31]

Answer:

B) a decentralized structure.

Explanation:

In a decentralized organizational structure, many decision making responsibilities are delegated from upper management to middle and lower management. Most normal day-to-day decisions are made by entry level employees and lower management. The company's organizational structure is not rigid and most decisions can be made rather quickly.

5 0
2 years ago
Other questions:
  • Nick has set up his steel factory near a community lake. The waste from his factory is directly thrown in the lake and is causin
    5·2 answers
  • QUESTION 25
    6·1 answer
  • Wattan Company reports beginning inventory of 25 units at $39 each. Every week for four weeks it purchases an additional 25 unit
    13·1 answer
  • On January 1, 2019, Broker Corp. issued $3,700,000 par value 10%, 12-year bonds which pay interest each December 31. If the mark
    12·1 answer
  • Digby's Elite product Don has an awareness of 72%. Digby's Don product manager for the Elite segment is determined to have more
    12·1 answer
  • On March 31, 2017, Alpha Corporation recorded the following factory overhead costs incurred: Factory Manager Salary $7,000 Facto
    10·1 answer
  • Product extension and refinement:a. shorten the product life cycle. b. extend the product life cycle. c. are too costly for most
    11·1 answer
  • Type your response in the box. As you read this paragraph, think about the various traits of money. On her way to work, Cara sto
    10·1 answer
  • From an economic point of​ view, India and China are somewhat​ similar: Both are​ huge, low-wage​ countries, probably with simil
    12·1 answer
  • What objectives of internal controls are of primary interest to an auditor performing a financial statement audit?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!