Question
Please answer the questions with correct option on bold style 18:Mart's Boutique has sales of $820,000 and costs of $540,000. Interest expense is $36,000 and
Please answer the questions with correct option on bold style
18:Mart's Boutique has sales of $820,000 and costs of $540,000. Interest expense is $36,000 and depreciation is $59,000. The tax rate is 21 percent. What is the net income?
$221,200
$179,250
$105,000
$139,050
$146,150
19:A firm has $820 in inventory, $3,200 in fixed assets, $1,210 in accounts receivable, $890 in accounts payable, and $360 in cash. What is the amount of the net working capital?
$5,590
$1,500
$4,700
$3,600
$2,390
20:At the beginning of the year, long-term debt of a firm is $2,400 and total debt is $3,150. At the end of the year, long-term debt is $2,800 and total debt is $4,370. The interest paid is $40. What is the amount of the cash flow to creditors?
Group of answer choices
$40
$1,260
$440
$1,180
$360
21:Last year, Webster Farms had annual revenue of $87,200, depreciation of $11,600, cost of goods sold of $54,700, and administrative expenses of $8,300. The firm paid $3,200 in dividends and paid taxes of $2,646. What was the operating cash flow?
$18,300
$23,700
$21,500
$21,554
$23,100
22: Delfinio's has total revenues of $4,315, selling and administrative expenses of $611, depreciation of $309, cost of goods sold of $2,403, taxes of $178, dividends of $80, and interest expense of $168. What is the amount of the non-cash items?
$567
$309
$477
$248
$481
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