10. Sumpter Inc. generated $40 million in EBIT. Its depreciation is $3 million. It pays the corporate tax of $14 million. Calculate the amount of Sumpter Inc.'s operating cash flow. - Equation: - Answer. Use the following tax table to answer the question #11 and #12: 11. What is the average tax rate for Theresa's Boutique if the taxable income is $90,000 ? Equation: Answer: 12. What is the marginal tax rate for Theresa's Boutique if the taxable income is $40,000 ? 3. Tuscaloosa Restaurant makes profit margin of 7%, and total asset turnover of 2. Calculate ROE if equity multiplier is 3. - Equation: - Answer. 9. ABC, Inc., generated $40,100 in operating cash flow. Their net working capital increased by $2,900 The company increased the value of net capital spending by $5,000 during the year. What is the amount of ABC 's cash flow from assets? - Equation: - Answer. 10. Sumpter Inc. generated $40 million in EBIT. Its depreciation is $3 million. It pays the corporate tax of $14 million. Calculate the amount of Sumpter Inc.'s operating cash flow. Equation