Given the following income statement data: Net sales = $410,000, cost of goods sold = $245,000, operating expenses = $75,000, depreciation = $35,000, interest expense = $24,500, tax rate = 34% a)Calculate operating cash flow. b) Is this company able to cope with a short-term downturn in profitability? Explain your answer.

Radley Co. issued an 18-year, 6% bond one year ago. It has annual interest payments. It is currently trading at 130% of par. Yield to maturity is 5.0%. The bond can be called one year after issue at $1050. a) What is yield to call? b) Where can you find the terms for the callable bond?