Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Given: Sales: 17,000,000 COGS: 11,000,000 Gross Margin: Admin Overhead: 2,500,000 EBITDA: Depr & Amort: 780,000 EBIT: Interest: 435,000 EBT: Taxes: 731,200 Net Income: Total Assets:
Given: Sales: 17,000,000 COGS: 11,000,000 Gross Margin: Admin Overhead: 2,500,000 EBITDA: Depr & Amort: 780,000 EBIT: Interest: 435,000 EBT: Taxes: 731,200 Net Income: Total Assets: 10,350,000 Total Interest-bearing Debt: 6,214,286 Total Current Liabilities: 500,014 Total Fixed Assets & IP: 7,500,000
GIVEN THE INFORMATION ABOVE, FIND:
17) Operating Cash Flow
18) Cash Flow From Assets [#18: Given that net Capital Spend is 250,000 and net increases to working capital is 100,000]
19) Effective total interest rate
20) Effective total corporate tax rate
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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