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Luda [366]
3 years ago
8

For the past year, Kayla, Inc., has sales of $44,432, interest expense of $3,074, cost of goods sold of $14,909, selling and adm

inistrative expense of $10,816, and depreciation of $4,965. If the tax rate is 40 percent, what is the operating cash flow?
Business
1 answer:
ryzh [129]3 years ago
7 0

Answer:

$14,439.8

Explanation:

The computation of operating cash flow is shown below:-

The operating cash flow is shown below:

= EBIT + Depreciation - Income tax expense

where,

EBIT = Sales - cost of good sold - depreciation expense -  selling and administrative expense

= $44,432 - $14,909 - $4,965 - $10,816

= $13,742

Tax expenses =  ( Earnings before interest and tax - interest expenses ) × tax rate of 40%

= ($13,742 - $3,074) × 40%

= $10,668 × 40%

= $4,267.2

So, the operating cash flow

= $13,742 + $4,965 - $4,267.2

= $14,439.8

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Absorption cost transfer pricing enables an organization to maximise profit this is because all the different cost incurred during production are added to the price of the product.

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3 years ago
When the engineers from fm global (factory mutual) conduct inspections at industrial facilities, whose interests are they hired
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2 years ago
A national survey for safety identified 20% hazard comes from company a, 20% from b, and 50% from company
andreyandreev [35.5K]
The probability that he will call A is 1 out of 2 because A and B have the same percent of Hazard. The probability that he will call C is 0/3 because it is more hazardous than the rest.
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3 years ago
Berry Corporation has 50,000 shares of $10 par common stock authorized. The following transactions took place during 2012, the f
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$285,000

Explanation:

Please see attachment

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. A firm begins the year with a Book Value of $10 million. During the year it generates $5 million in net profits. It paid $1 mi
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