Revenue is $100,000, COGS is $11,000, SGA is $17,000, depreciation expense is $20,300. Assume no interest expense and a tax rate of 40%. What is operating cash flow (OCF)?

A) $31,654 B) $38,975 C) $43,200 D) $51,320

Accounts ____ represent short term loans made by the ____.

A) payable: corporations customers B) receivable: corporation C) payable: corporations bondholders D) receivable: corporations suppliers

Assume the following for 2018: Operating Cash Flow = $8M: Purchase of new capital equipment= $10M; Sale of existing capital equipment = $4M: Change in NWC = Minus $3M. What is this firm's cash flow from assets for 2018?

A) $1M B) $3M C) $5M D) $7M

Assume the following: Retained earnings for 2018= $75M: Retained earnings for 2017= $63M: Dividends paid for 2018= $10M. What was this firm's net Income for 2018?

A) $12M B) $22M C) $138M D) $148M

Consider two companies in a world with no taxes that are alike except in borrowing choices. District Corp. has no debt financing, and Energy Corp. uses debt financing. District Corp. has 400,000 shares outstanding and pays no interest. Energy Corp. has 250,000 share outstanding and pays $500,000 in interest. What is the Break Even EBIT for the two capital structures?

A) $960,000 B) $1,333,333 C) $2.575,832 D) There is not enough info.