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1.Slug Money had net sales of 725,000 and costs of 588,900. The depreciation expense is 22,600 and the interest paid is 6,100. What is the

1.Slug Money had net sales of 725,000 and costs of 588,900. The depreciation expense is 22,600 and the interest paid is 6,100. What is the amount of the firms operating cash flow if tax rate is 35%?

a. 98,460

b. 59,760

c. 98,640

d. 59,670

2. Jeff McYoolington has sales of 818,300, cost of goods sold of 698,200, and accounts receivable of 99,700. How long on average does it take his customers to pay for their purchases?

a. 90.38 days

b. 44.74 days

c. 44.47 days

3. Chase Utley has sales of 187,700, a profit margin of 7.7 percent, and dividends of 11,000. What is the plowback ratio?

a. 23.98%

b.9.78 %

c. 9.87%

d. 23.89%

PLEASE SHOW ALL WORK. THANK YOU!

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