Question
Consider the following data for New York City Finance Income Statement Sales $196,000 Costs 104,000 Other expenses 6,800 Depreciation 9,100 EBIT $76,100 Interest 14,800 Taxable
Consider the following data for New York City Finance
Income Statement
Sales $196,000
Costs 104,000
Other expenses 6,800
Depreciation 9,100
EBIT $76,100
Interest 14,800
Taxable income $61,300
Taxes 21,455
Net income $39,845
Dividends $10,400
Additions to Retained Earnings $29,445
What is the value of Net Operating Cash Flow (NOCF) ?
| a | $47,500 |
| b | $43,345 |
| c | $60,525 |
| d | $63,345 |
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Small Fund Management
Authors: K. K.
1st Edition
979-8866391837
