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
tekilochka [14]
3 years ago
11

Le Place has sales of $439,000, depreciation of $32,000, and net working capital of $56,000. The firm has a tax rate of 34 perce

nt and a profit margin of 6 percent. The firm has no interest expense. What is the amount of the operating cash flow?
Business
1 answer:
Dennis_Churaev [7]3 years ago
5 0

Answer:

Explanation:

Sales$439,000

Profit Margin = 6% x $439,000 = $26,340

Tax liability = 34% x $26,340 = $8,956.

Cash flow from operations:

Net income $26,340

Add depreciation $32,000

Deduct net working capital changes -$56,000

Deduct tax liability $8,956

Cash flow from operating activities -$6,616

You might be interested in
Grant Corporation is looking to purchase a building costing $1,300,000 by paying $500,000 cash on the purchase date, and agreein
Alexandra [31]

Answer:

Grant Corporation

The payments should be $42,133.16 every quarter.

Explanation:

a) Data and Calculations:

Building cost = $1,300,000

Down payment = $500,000

Interest rate = 8% per year

Payment terms = quarter for 5 years

From an online calculator, the payments should be:

N (# of periods)  20

I/Y (Interest per year)  2

PV (Present Value)  800000

FV (Future Value)  0

Results

PMT = $42,133.16

Sum of all periodic payments $842,663.23

Total Interest $42,663.23

5 0
3 years ago
Debt investments not classified as trading or held-to-maturity securities are called available-for-sale securities.
AlexFokin [52]

It is completely inappropriate to mention that debt investments not classified as trading or held-to-maturity securities are called available-for-sale securities. Therefore, the statement given above is false.

<h3>What is the significance of debt investments?</h3>

Investments in the loan instruments or similar classes are regarded as debt investments. These investments cannot be bought or sold or traded in the open market, as unlike equity investments, they are backed by a date of maturity.

Therefore, the statement given above regarding the significance of debt investments is false.

Learn more about debt investments here:

brainly.com/question/20358839

#SPJ4

4 0
10 months ago
In order to stay calm in emergency situations, dispatchers and EMT's set aside their emotions during a crisis. After the crisis
crimeas [40]

Answer:

Cognitive reappraisal

Explanation:

In simple words, The term "cognitive reappraisal" relates to a flexible regulation technique that uses cognitive control and executive functioning to reinterpret inputs or events in the surrounding in order to alter their interpretation as well as psychological connotation.

Thus, from the above we can conclude that the correct answer is cognitive reappraisal.

7 0
2 years ago
Brady Company entered into these transactions during May 2022, its first month of operations.
Monica [59]

The effect of each transaction on the accounting equation is to be shown in the attachment below.

The following information should be considered:

  • In the accounting equation, the total assets should be equivalent to the total liabilities & the shareholder equity.
  • It determined the financial position, performance of the company.
  • It is known as the presentation of the balance sheet.

In this way, the accounting equation should be prepared.

Learn more: brainly.com/question/14689492

4 0
2 years ago
Which feature helps business address customer grievances
meriva
A customer service representative would be a feature commonly used by huge companies in addressing the customers' issues with regards to their products and services. Furthermore, customer feedback is very important because the company would have the idea on how to improve their service or product.
8 0
3 years ago
Read 2 more answers
Other questions:
  • Showcase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $252,510, terms n/30. The cost of the goods so
    9·1 answer
  • ​the irs says you must do what a "reasonable business person" would do to make a profit when running your own business.
    14·1 answer
  • All the following are benefits of having a budget except _____.
    14·1 answer
  • Suppose​ Mary, the owner of the Chic Dress​ Shop, says to​ Peter, a​ painter, "If you promise to paint my store by July​ 1, I wi
    12·1 answer
  • ____ is a set of attitudes, values, and behaviors shared by a group of people?
    9·2 answers
  • Tater and Pepper Corp. reported sales for 2018 of $43 million. Tater and Pepper listed $7.6 million of inventory on its balance
    10·1 answer
  • Well before the introduction of its Karma Drone, GoPRO conducted a thorough environmental scan and discovered a substantial incr
    9·1 answer
  • The original cost of an inventory item is below both replacement cost and net realizable value. The net realizable value less no
    8·1 answer
  • Halsted Corp. has identified three cost pools in its manufacturing process: equipment maintenance, setups, and quality control.
    15·1 answer
  • The Heidelberg Company began the period with a balance of $13,000 in its Work in Process (WIP) account. During the period the
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!