Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 01, 2024

Benson Inc has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of 1$,850. If the tax rate is 21% percent

Benson Inc has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of 1$,850. If the tax rate is 21% percent what is the operating cash flow or OCF?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

Ace Your Homework with AI

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

Get Started

Recommended Textbook for

Contemporary Issues In Quantitative Finance

Authors: Ahmet Can Inci

1st Edition

1032101121, 978-1032101125

More Books

Students also viewed these Finance questions

Question

★★★★★

Four identical metal plates are located in air at equal distances d from one another. The area of each plate is equal to S. Find the capacitance of the system between points A and B if the plates are...

Answered: 1 week ago

Question

★★★★★

Susan Huang began the practice of law October 1, 2017, with an initial investment of $10,500 in cash. She made no withdrawals during the month. After completing the first month of practice, the...

Answered: 1 week ago

Question

★★★★★

=+ (d) Even if F has jumps, E[ F(X)] ={ + E, P2[X=x].

Answered: 1 week ago

Question

★★★★★

Solkis Repair Shop was started on May 1 by Solki Lee. A summary of May transactions is presented below. 1. Invested $10,000 cash to start the repair shop. 2. Purchased equipment for $5,000 cash. 3....

Answered: 1 week ago

Question

★★★★★

QUESTION 9 X Ltd is dependent upon its software to process its purchases and sale transaction and has a year end of 31 January. On 15 January 20.5, X Ltd approached a computer consultant to establish...

Answered: 1 week ago

Question

★★★★★

Bond A matures in 7 years, meaning there are 14 coupon payment periods remaining. Bond B matures in 3 years, meaning only 6 coupon payment periods remain. As a result of these differences in...

Answered: 1 week ago

Question

★★★★★

Assessment Task: Prepare a report on diversity management Suppose you are working as a manager in 'Food Fun' restaurant where number of employees are working, belonging to different backgrounds and...

Answered: 1 week ago

Question

★★★★★

Management & Leadership : managerial process, empirical, human behaviors (Maslow's hierarchy and McGregor's X & Y theories), social school, quantitative, systems, contingency, trait, power &...

Answered: 1 week ago

Question

★★★★★

one busy afternoon, Kit, a barista, received a call from a customer. The customer complained that his drink had a hard, round, white piece of plastic. The customer was mad because he had almost...

Answered: 1 week ago

Question

★★★★★

Describe the significance of the following inputs, activities, and outputs to the Architecture Definition Process. Refer to the reading material to provide an educated response. Quote or cite sources...

Answered: 1 week ago

Question

★★★★★

Identify the central norms and values you feel characterize the culture in the organization. These factors should be the core values or beliefs that in the experience characterize the way the culture...

Answered: 1 week ago

Question

★★★★★

In what way(s) does a well-written RFP benefit the organization that issues it? How does it benefit the organization that responds? (Objective 2)

Answered: 1 week ago

Question

★★★★★

I am paid fairly for the work I do.

Answered: 1 week ago

Question

★★★★★

I receive the training I need to do my job well.

Answered: 1 week ago

Previous Question Next Question