Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2) Find the Operating Cash Flow (OCF) for the year for Robinson and Sons Ine. if had sales revenue of $80,000,000; cost of goods sold

image text in transcribed
2) Find the Operating Cash Flow (OCF) for the year for Robinson and Sons Ine. if had sales revenue of $80,000,000; cost of goods sold of $35,000,000; sales and administrative costs of $6,400,000; depreciation expense of $7,600,000; and a rate of 30%. Hint: produce the income statement for the year and produc tax OCF for the year. (20%) 3) a) A company has the following data $20,000,000 Revenues COGS Interest $11,000,000 $3,000,000 $2,000,000 Tax Rate 35% Total Owner's Equity Total Assets $13,000,000 $30,000,000 Caleulate the Company's Return on Equity. b) Given the following information: $10,000,000 $6,000,000 $1,000,000 $500,000 Sales COGS Inventory Receivables Turnover Accounts Receivable Calculate the: Inventory Turnover. c) MG Golf Inc, has a total debt ratio (TD/TA) of 0.55. What is the debt-equity ratio? What is its equity multiplier? d) If Chicago Legal has an equity multiplier of 1.90, total asset turnover of 1.30, and a profit margin of 14%. What is its return on equity (ROE)? What is return on asset (ROA)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions