Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please show me how to solve the second image in excel. the first picture shows the answer to the same kind of problem. Kay Inc.

Please show me how to solve the second image in excel. the first picture shows the answer to the same kind of problem.

image text in transcribed

image text in transcribed

Kay Inc. had revenues of $15 million, cash operating expenses of $8 million, and depreciation and amortization of $3.1 million during 2021 . The firm purchased $700,000 of equipment during the year while increasing its inventory by $500,000. The marginal tax rate for the firm is 0.25 percent. What is the firm's cash flow from operations for 2021? (Show TWO decimal places.) EBIT=Revenues-Expenses-Depreciation\&Amoritzation Operating Cash Flow (OCF)= EBIT * (1- tax rate) + Depreciation\&Amoritzation Free Cash Flow (FCF) = OCF - Captial Expenditure - Change in Net Working Capital 6.03 Kay Inc. had revenues of $14 million, cash operating expenses of $10 million, and depreciation and amortization of $2.9 million during 2021. The firm purchased $700,000 of equipment during the year while increasing its inventory by $500,000. The marginal tax rate for the firm is 0.25 percent. What is the firm's cash flow from operations for 2021? (Show TWO decimal places.) EBIT=Revenues-Expenses-Depreciation\&Amoritzation Operating Cash Flow (OCF)= EBIT * (1- tax rate) + Depreciation\&Amoritzation Free Cash Flow (FCF) = OCF - Captial Expenditure - Change in Net Working Capital

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Financial Markets Instruments And Institutions

Authors: Anthony M. Santomero, David Babbel

2nd Edition

0072358688, 9780072358681

More Books

Students also viewed these Finance questions

Question

Discuss the use of third-wave therapies in psychotherapy practice.

Answered: 1 week ago

Question

For each nondeterministic finite - state automaton,find the sets

Answered: 1 week ago