Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 03, 2024

The Goji Co. has generated sales of $25 000 000, costs of 7 500 000, interest expense of 58750, and a marginal tax rate of

The Goji Co. has generated sales of $25 000 000, costs of 7 500 000, interest expense of 58750, and a marginal tax rate of 35%. The depreciation is $125 000. What is the operating cash flow for the current year?

a. $15 250 000

b. $11 418 750

c. $168 200

d. $1 190 000

e. $11 439 313

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Finance And Economics Discussion Series How Fast Do Personal Computers Depreciate Concepts And New Estimates

Authors: United States Federal Reserve Board, Mark E. Doms

1st Edition

1288712561, 9781288712564

More Books

Students also viewed these Finance questions

Question

4. 14. Nominal and real returns [LO 7.4] An investment offers a total return of 12.3 per cent over the coming year. Janice Yellen thinks the total real return on this investment will be only 8 per...

Answered: 1 week ago

Question

★★★★★

The Burroughs Garment Company manufactures men's shirts and women's blouses for Walmark Discount Stores. Walmark will accept all the production supplied by Burroughs. The production process includes...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

Support Departments Producing Departments Personnel Maintenance Fabrication Assembly Budgeted overhead $160,000 $288,000 $560,000 $640,000 Direct labor hours 8,000 10,000 32,000 40,000 Machine hours...

Answered: 1 week ago

Question

★★★★★

Q.1 Enter the following transactions in cash book with cash and bank columns of Mehta Brothers 2019 Oct. 1 Cash in hand Rs.13,000 and Bank balance Rs.24,000 3 Cash sales Rs.80,000 at 10% Trade...

Answered: 1 week ago

Question

★★★★★

Standard Costs and Operating Performance Measures What are the actual hours worked? a. 1,400 b. 1,402 C. 1,598 d. 1,600 355 27. The Sta. Ana Company has a budgeted normal monthly capacity of 5,000...

Answered: 1 week ago

Question

★★★★★

Question 3 (5 marks) Pear and Apple Inc had the following balance sheets on October 30, 2017: Apple Inc Book Value Fair Value Pear Inc Cash $300,000 $80,000 $80,000 Accounts Receivable $60,000...

Answered: 1 week ago

Question

★★★★★

Pope's Garage had the following accounts and amounts in its financial statements on December: 2022. Assume that all balance sheet items reflect account balances at December 31, 2022, and t all income...

Answered: 1 week ago

Question

★★★★★

Elwood Company projects the following sales for the first three months of the year. $10,600 in January: $13,800 in February, and $14,100 in March. The company expects 60% of the sales to be cash and...

Answered: 1 week ago

Previous Question Next Question