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1.The General Store has total revenue of $4,116, depreciation of $319, selling and administrative expenses of $554, interest expense of $162, dividends of $75, cost
1.The General Store has total revenue of $4,116, depreciation of $319, selling and administrative expenses of $554, interest expense of $162, dividends of $75, cost of goods sold of $2,534, and taxes of $186. What is the operating cash flow?
2. Stu can purchase a house today for $110,000, including the cost of some minor repairs. He expects to be able to resell it in one year for $129,000 after cleaning up the property. At a discount rate of 5.6 percent, what is the expected net present value of this purchase opportunity?
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