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mina [271]
3 years ago
7

Your firm has net income of $273 on total sales of $1,240. Costs are $690 and depreciation is $130. The tax rate is 35 percent.

The firm does not have interest expenses. What is the operating cash flow
Business
1 answer:
kolezko [41]3 years ago
4 0

Answer:

The operating cash flow is $403.

Explanation:

Since the firm does not have interest expenses, proceed as follows:

Earning before interest and tax (EBIT) = Sales - Costs - Depreciation

                                                               = $1,240 - $690 - $130

Earning before interest and tax (EBIT) = $420

Taxes paid = EBIT × Tax rate = $420 × 35% = $147

Operating cash flow = EBIT + Depreciation -Taxes paid

                                  = $420 + $130 - $147

Operating cash flow = $403

Therefore, the operating cash flow is $403.

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Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $3,750,000 (250,00
Zepler [3.9K]

Answer:

Allocated overhead= $1,430,600

Explanation:

Giving the following information:

The company's executives estimated that direct labor would be $3,750,000 (250,000 hours at $15/hour) and that factory overhead would be $1,550,000 for the current period.

The records show that there had been 230,000 hours of direct labor.

Using direct labor hours as a base.

Predetermined overhead rate= total estimated manfacturing overhead for the period/ total amount of allocation base

Predetermined overhead rate= 1555000/250000= $6.22 per hour

Allocated overhead= Predetermined overhead rate*actual hours= 6.22* 230000= $1,430,600

7 0
3 years ago
Carl is a self-employed real estate agent. For the current year, his self-employment net earnings (revenues minus expenses) are
lisov135 [29]

Answer:

$12,240

Explanation:

Social security Tax = $80,000 x 12.4%

Social security Tax = $9,920

Medicare Tax = $80,0000 x 2.9%

Medicare Tax =  $2,320

Total tax = $9,920 + $2,320

Total tax = $12,240

3 0
3 years ago
The personnel director at a large company studied the eating habits of the company's employees. the director watched and recorde
valina [46]

The answer is<u> "An experiment."</u>


An experiment refers to a controlled study in which the scientist endeavors to comprehend circumstances and end results connections. The examination is "controlled" as in the analyst controls (1) how subjects are relegated to gatherings and (2) which medicines each gathering gets.  

In the analysis stage, the specialist thinks about gathering scores on some reliant variable. In view of the investigation, the scientist makes an inference about whether the treatment (independent  variable) causally affected the dependent variable.

4 0
3 years ago
If a store sells a good at the market price, even though the government authorities have set the minimum price that can be charg
Alexandra [31]

Answer:

The correct answer would be option D, Legal Market for a market price that is lower.

Explanation:

If there is a store which sells the goods at the market price even though the government authorities have set the minimum price that can be charged, it means store is selling the product at a price which is higher than the minimum price set by the government, but it doesn't mean that the store owner is doing any illegal trading. This is because the government has set the lower price limit but that ceiling price is non binding. It is not necessary for the market sellers to sell at the price given by government. So they are operating in a legal market for a market price that is lower.

4 0
3 years ago
This type of networking includes developing coalitions within the organization. These relationships should be developed upwards
Mashcka [7]

Answer: Professional networking

Explanation:

 The professional networking is one of the type of networking that focus on accessing the data or information on the international level and it also maintain the relationship of the trust in an organization.

It basically include the development of effective coalitions in an organization and structure the professional goals for developing the professional network.

Therefore, Professional networking is the correct answer.

4 0
3 years ago
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