Question
27-Masons boutique has total sales of $987,611 and costs of $724,268. Depreciation is $39,740 and the tax rate is 34 %. The firm does not
27-Masons boutique has total sales of $987,611 and costs of $724,268. Depreciation is $39,740 and the tax rate is 34 %. The firm does not have any interest expense. What is the operating cash flow?
Select one:
a. $191,417.06
b. $147,577.98
c. $223,603.00
d. $187,317.98
e. $213,008.14
28-If a market has semi-strong efficiency, then all insider information is included in market prices.
Select one:
a. TRUE
b. FALSE
29-Cornel Inc. invests $600 in a project. The initial cost is depreciated straight-line to zero over 3 years. Net income from the project is $100, $125, and $140 in each of the three years of the project's life. What is the average accounting return?
Select one:
a. 40.56%
b. 35.49%
c. 18.25%
d. 20.28%
e. 60.83%
-Just the correct Letter for each question, without any any any explanation at all, please! And I'll put a Like. But don't explain the answers -Just answer the questions if you're 100% sure about the correct answers, please!
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