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Olenka [21]
3 years ago
10

Hailey, Inc., has sales of $19,650, costs of $9,380, depreciation expense of $2,050, and interest expense of $1,540. Assume the

tax rate is 35 percent.What is the operating cash flow, or OCF? (Do not round intermediate calculations and round your answer to the nearest whole number,
Business
1 answer:
Advocard [28]3 years ago
3 0

Answer:

Net operating cash-flow= $6,392

Explanation:

Giving the following information:

Sales of $19,650.

Costs of $9,380

Depreciation expense of $2,050.

Interest expense of $1,540.

The tax rate is 35 percent

Cash- flow:

Sales 19650

Cost= 9380 (-)

Interest= 1540 (-)

Depreciation =2050 (-)

EBT= 6680

Tax= (6680*0.35)=2338 (-)

EAT= 4342

Depreciation= 2050 (+)

Net operating cash-flow= 6392

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A. Expensed when incurred.

Explanation:

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3 years ago
If a​ firm's average total cost is less than price where MR​ = MC,
bekas [8.4K]

Answer:

C. the firm should produce if its price exceeds average variable cost.

Explanation:

WHen average total cost is less that price, this means you are making a profit, and since they are in the equilibrium sate with Margina revenue being equal to marginal cost, they are in the sweet spot of production, so the only thing left for them is producing if its price exceeds average variable cost, and that would maximize their profits.

3 0
3 years ago
Smith Corporation has provided the following information: Cash sales totaled $135,000. Credit sales totaled $289,000. Cash colle
klasskru [66]

Answer:

$434,000

Explanation:

The total amount that should be included in the operating income as follows:

1. Cash sales $135,000

2. Credit sales $289,000

3. Gain from the sale of property and the equipment $10,000

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3 0
3 years ago
Mia and Jack are two chocolate producers. Mia packs her chocolates in attractive boxes and charges slightly more than Jack does.
Rama09 [41]

The correct answer is B. Monopolistic competition

Explanation:

Monopolistic competition occurs when the producers of a product determine the price of it. Also, the products sold have differences, which means consumers do not consider one product can be substituted by another because the qualities, brand, appearance, etc. are different. This is the opposite of perfect competition, in which products are substitutes and price is determined by price and demand rather than producers.

Monopolistic competition occurs in the case presented because the chocolates sold by Jack are different from those sold by Mia, who uses attractive boxes. Also, due to this difference, Mia can set higher prices and still get more demand from consumers.

6 0
3 years ago
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