Question: Go Fly A Kite is considering making and selling custom kites in two sizes. The small kites would be priced at $11.40 and the large
Go Fly A Kite is considering making and selling custom kites in two sizes. The small kites would be priced at $11.40 and the large kites would be $24.40. The varlable cost per unit is $5.50 and $12.00, respectively. Jill, the owner, feels that she can sell 3,050 of the small kites and 1,835 of the large kites each year. The fixed costs would be $2,120 a year and the depreciation expense is $1,350. The tax rate is 34 percent. What is the annual operating cash flow? Multiple Choice $25,495 O $25.954 $27,353 $26.447
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
