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Question 11 (4 points) The Pretzel Factory has net sales of $801300 and costs of $698500. The depreciation expense is $18400 and the interest paid
Question 11 (4 points) The Pretzel Factory has net sales of $801300 and costs of $698500. The depreciation expense is $18400 and the interest paid is $8400. The firm's marginal tax rate is 35 percent. What is the firm's operating cash flow (to zero decimal places)? Your Answer: Answer units Question 12 (4 points) During the latest year Ruth Corp. had sales of $600000 and net income of $100000; its assets at year-end were $1000000. The firm's ratio of total debt to total assets was 20 percent. The firm's ROE was Your Answer: Answer units
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