Benson, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of

Question:

Benson, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of $1,850. If the tax rate is 21 percent, what is the operating cash flow, or OCF?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Essentials of Corporate Finance

ISBN: 978-1260013955

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

See More Books

Question Posted: Nov 19, 2019 08:30 AM

See More Questions

Lifeline, Inc., has sales of $585,000, costs of $273,000, depreciation expense of $71,000, interest expense of $38,000, and a tax rate of 35 percent. What is the net income for this firm?
Grey Wolf, Inc., has current assets of $2,090, net fixed assets of $9,830, current liabilities of $1,710, and long-term debt of $4,520. What is the value of the shareholders equity account for this...
Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a tax rate of 21 percent. What is the net income for this firm?
The stockholders' equity accounts of Marya Corporation on January 1, 2014, were as follows. Preferred Stock (9%, $100 par, cumulative, 5,000 shares authorized) ...$300,000 Common Stock ($3 stated...
What type of mutation (transition, transversion, or frameshift) would you expect each of the following mutagens to cause? A. Nitrous acid B. 5-Bromouracil C. Proflavin
There are banks that engage in money laundering. Therefore, there are banks that do not engage in money laundering. Translate the premise and conclusion of the following immediate inferences into...
What do you know about the mathematical value of the annual worth of a project under each of the following conditions? a. The present worth of the project is greater than 0 . b. The present worth of...
Based on the following graph (which summarizes the demand, marginal revenue, and relevant costs for your product), determine your firm??s optimal price, output, and the resulting profits for each of...
A uniform plane wave (free space wave number ko = 2/o = /c) impinges on a boundary between two media at an incident angle 1 as shown below. Wave vectors are in black, wave fronts are in red. Given...
List seven programming languages that are procedural and two that are nonprocedural. Which group is easier to learn and use? Explain your answer.
In Problem 5 , what is the average tax rate? What is the marginal tax rate? Duela Dent is single and had $189,000 in taxable income. Using the rates from Table 2.3 in the chapter, calculate her...
Rottweiler Obedience Schools December 31, 2018, balance sheet showed net fixed assets of $1,945,000, and the December 31, 2019, balance sheet showed net fixed assets of $2,137,000. The companys 2019...
Assume that you are the chief financial officer at General Hospital. The CEO has asked you to analyze two proposed capital investmentsproject X and project Y. Each project requires a net investment...
The cost of common equity financing is more difficult to estimate than the costs of debt and preferred equity. Explain why.
A firms capital structure and its target capital structure proportions are important determinants of a firms weighted average cost of capital. Explain.
Midwest Energy Group issued preference shares (par value $10) that pay 8 percent dividend annually. If the companys required rate of return is 15 percent, what is the value of one preference share?
In computing the required rate of return for common stock, why should the growth factor be added to the dividend yield?
Describe the sources of business risk.
Five core customer and marketplace concepts are critical to success: (1) Needs, wants, and demands; (2) Marketing offers (products, services, and experiences); (3) Value and satisfaction; (4)...
The slopes of the tangents at the points where the curve y = x2 - 4x intersects the X-axis is 1) 1 2) +2 3) +3 4) +4
Can our goal of maximizing the value of the stock conflict with other goals, such as avoiding unethical or illegal behavior? In particular, do you think subjects like customer and employee safety,...
Can our goal of maximizing the value of the stock conflict with other goals, such as avoiding unethical or illegal behavior? In particular, do you think subjects like customer and employee safety,...
Would our goal of maximizing the value of the stock be different if we were thinking about financial management in a foreign country? Why or why not?
4 An electron emitter will be used to make a beam of electrons for a microscope. Electrons are emitted from a hot wire and accelerated between an anode and cathode plate which can be approximated to...
1. A current of 5.83 A is used to produce the microwave radiation in a microwave oven. If the voltage across the oven is 120V, how much does it cost to run the microwave for 12 minutes if electrical...
You've seen the following returns on a stock over the past five years: 6 percent, 12 percent, 20 percent, -6 percent, and 11 percent. Suppose the average inflation rate over this time period was 2.5...

Benson, Inc., has sales of $38,530, costs of $12,750, depreciation expense of $2,550, and interest expense of

Question:

Step by Step Answer:

To calculate the OCF we first need to construct an income statement The ...View the full answer

Essentials of Corporate Finance

Students also viewed these Business questions