Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 19, 2024

Benson Inc has sales of $39580 costs of $13020, depreciation expense of $2670, and interest expense of $1940. The tax rate is 23 percent. What

Benson Inc has sales of $39580 costs of $13020, depreciation expense of $2670, and interest expense of $1940. The tax rate is 23 percent.

What is the operating cash flow?

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

Bond Markets Analysis and Strategies

Authors: Frank J.Fabozzi

9th edition

133796779, 978-0133796773

More Books

Students also viewed these Finance questions

Question

According to the four flows, the flow of communication most concerned with organizational identity is Group of answer choices membership negotiation flow self-structuring flow institutional...

Answered: 1 week ago

Question

1.Calculating OCF Ranney, Inc., has sales of $14,900, costs of $5,800, depreciation expense of $1,300, and interest expense of $780. If the tax rate is 40 percent, what is the operating cash flow, or...

Answered: 1 week ago

Question

1. If the net present value of a project is positive (nonzero), then the project's: A. PI will be less than 1. B. internal rate of return will exceed its required rate of return. C. costs exceed its...

Answered: 1 week ago

Question

★★★★★

A partial statement of financial position of Century University is shown below. During the fiscal year ended June 30, 2011, the following transactions occurred: 1. A gift of $100,000 was received...

Answered: 1 week ago

Question

★★★★★

Vintage Sales Company, a large retail outlet, completed the following selected transactions during 1998 and 1999: a. At the end of 1998, accrued wages that have not yet been recorded amounted to...

Answered: 1 week ago

Question

★★★★★

Florida Kitchens produces high-end cooking ranges. The costs to manufacture and market the ranges at the companys volume of 3,000 units per quarter are shown in the following table: The company has...

Answered: 1 week ago

Question

★★★★★

A company salesman wants to visit the four cities a, b, c, d wherein his company has stores. If he plans to visit each city once, give a suitable sample space to describe the order in which he visits...

Answered: 1 week ago

Question

★★★★★

On April 1, 2014, Oversized Burrito Company entered into a 10-year franchise agreement with a group of individuals. The company receives a $300,000 initial franchise fee and agrees to assist in the...

Answered: 1 week ago

Question

★★★★★

CVP Cost Volume Profit Currently, Rustic chairs are selling chairs for $250. Let's summarize what we know so far: $34,950 total monthly fixed costs $60,600 = total monthly variable costs $250 selling...

Answered: 1 week ago

Question

★★★★★

CullumberInc. leased a new crane to Bramble Construction under a 5-year, non-cancelable contract starting January 1, 2020. Terms of the lease require payments of $46,500 each January 1, starting...

Answered: 1 week ago

Question

★★★★★

Why is the government responsible for long-term care? Or your parents or neighbors or friends LTC needs and costs? At the tune of $40,000 a year for a long-term care stay for skilled nursing who is...

Answered: 1 week ago

Question

★★★★★

The quality manager of a computer services company wants to create a specification for the amount of time it takes the company to respond to problems reported by customers. The goal time limits is 10...

Answered: 1 week ago

Question

★★★★★

Develop two (2) action areas to focus on in order to achieve your next level of business leadership (i.e., the job description you previously discussed in your career plan, Part 2). Specifically, you...

Answered: 1 week ago

Question

★★★★★

1. Would you continue using only an inside sales model, or would you add a field sales function to seek out large enterprise customers What are the benefits, costs, and or limitations of an inside...

Answered: 1 week ago

Question

★★★★★

Update staff on change management processes Make some changes to your Communication and Education Plan based on your own recommendations and inform staff of what these changes are. Changes must be...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

1. Use these cost, revenue, and probability estimates along with the decision tree to identify the best decision strategy for Trendy's Pies. 2. Suppose that Trendy is concerned about her probability...

Answered: 1 week ago

Question

★★★★★

LO.2 Identify the circumstances under which various items are excludible from gross income.

Answered: 1 week ago

Question

★★★★★

32. LO.2 Selma operates a contractors supply store. She maintains her books using the cash method. At the end of the year, her accountant computes her accrual basis income that is used on her tax...

Answered: 1 week ago

Question

★★★★★

30. LO.1, 2 Determine Amos Watkinss gross income in each of the following cases: a. In the current year, Amos purchased an automobile for $25,000. As part of the transaction, Amos received a $1,500...

Answered: 1 week ago

Previous Question Next Question