Macvee Pty Ltd has sales of $40,000,000, cost of goods sold of $15,000,000, operating expenses of $7,500,000,

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Macvee Pty Ltd has sales of $40,000,000, cost of goods sold of $15,000,000, operating expenses of $7,500,000, depreciation is $5,000,000. Interest Expense of $3,000,000. Tax rate is 30%.

What is Macvee's net profit & operating cash flow?
What is the dollar value of the Depreciation 'tax shield'?
What is the dollar value of Interest cost deductibility?

Related Book For answer-question

Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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Posted Date: Dec 15, 2023 12:19 AM

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Macvee Pty Ltd has sales of $40,000,000, cost of goods sold of $15,000,000, operating expenses of $7,500,000,

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Expert Answer:

Macvee Pty Ltds Financials 1 Net Profit Gross Profit 40000000 Sales 15000000 Cost of Goods Sold 2500... View the full answer

Financial Accounting an introduction to concepts, methods and uses

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