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
oksian1 [2.3K]
3 years ago
11

A five-year project is expected to generate revenues of $120,000, variable costs of $72,000, and fixed costs of $20,000. The ann

ual depreciation is $10,000 and the tax rate is 34 percent. What is the annual operating cash flow
Business
1 answer:
Komok [63]3 years ago
7 0

Answer: $21,880

Explanation:

First find the after tax operating income:

= (Revenues - variable costs - fixed costs - depreciation ) * ( 1 - tax rate)

= (120,000 - 72,000 - 20,000 - 10,00) * ( 1 - 34%)

= $11,880

Then add back depreciation because it is a non-cash expense:

Operating cashflow = 11,880 + 10,000

= $21,880

You might be interested in
Which of the following statements is true regarding variable costing?Multiple Choice
pentagon [3]

Answer:

a

Explanation:

8 0
3 years ago
Read 2 more answers
Whitman has a direct labor standard of 2 hours per unit of output. Each employee has a standard wage rate of $26.50 per hour. Du
g100num [7]

Answer:

$137,800

Explanation:

A flexible budget uses the standard hour and costs adjusted to Actual level of output

thus

Flexible budget amount for direct labor = 2 x 2,600 units x $26.50 = $137,800

6 0
3 years ago
Paper back and a domestic book selling company.
lutik1710 [3]

sksbeveurirjrbjfifjdbdudisbwbs8dbwbs9jsbs

7 0
3 years ago
Who is the current CEO of Space X
sergiy2304 [10]

Answer:

Elon Musk is the current CEO of Space X

5 0
3 years ago
Read 2 more answers
Which of the following carries regularly involve traveling?
erastovalidia [21]

Answer:

I think that they MIGHT be A C and D

Explanation:

8 0
3 years ago
Other questions:
  • 2. Shoplifting is a very serious problem for retail store owners, with millions of dollars of merchandise stolen each year. Obvi
    8·1 answer
  • Who wants to talk to me? (NO POLITICS) PLZ :(
    9·2 answers
  • Taylor organizes and manages all his files and folders logically. How does this activity help Taylor in his daily work environme
    8·1 answer
  • A factory costs $400,000. It will produce an inflow after operating costs of $100 000 in year 1. $ 200,000 in year 2, and $ 300,
    14·1 answer
  • Many accounting professionals are skilled in financial analysis, but most are not skilled in manufacturing. This is especially t
    5·1 answer
  • Perform online or offline research to learn more about how farmers, ranchers, and other stakeholders in the United States practi
    13·1 answer
  • Suppose a technological improvement has lowered the cost of manufacturing cell phone batteries. This would lead to ___________ (
    13·1 answer
  • What about this profile would most appeal to a recruiter from a public relations firm? Check all that apply. the username the bi
    9·1 answer
  • How many people make 1 million per year in the world
    10·1 answer
  • Utimately, to be successful, a business must
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!