Operating cash flow of abc company

Reference no: EM13144694

In 2008, ABC Company had sales of $2,800,000; Cost of goods sold of $1,800,000 and operating expenses of $300,000. The operating expenses including depreciation expense of $200,000. ABC company pays tax at a rate of 30%. All sales and purchases are in cash. Calculate the operating cash flow of ABC company

Reference no: EM13144694

Questions Cloud

Accounting treatments for parent and subsidiary : Explain the general rules and accounting treatments for the parent and subsidiary, including purchase price allocations; intangible assets, such as goodwill and impairment testing; intercompany transactions

What types of individuals occur at the two ends of the curve : CritIcal Thinking - Are the genes of individuals who don't reproduce included in the gene pool. Explain your answer.

Obtain a time-series plot and correlogram : Obtain a time-series plot and correlogram of the residuals from (9) and comment on them with regard to the violation of classical assumptions. Test for fourth-order autocorrelation using the Breusch-Godfrey procedure

Calculate the gain or loss on retirement : Assume that the bonds are called on December 31, 2009. Use the horizontal model (or write the journal entry) to show the effect of the retirement of the bonds. (Hint: calculate the amount paid to bondholders; then determine how much of the bond di..

Operating cash flow of abc company : The operating expenses including depreciation expense of $200,000. ABC company pays tax at a rate of 30%. All sales and purchases are in cash. Calculate the operating cash flow of ABC company

A student is presented with a sample of an unknown substance : A student is presented with a sample of an unknown substance and asked to classify the substance as organic or inorganic

What are the components of a species ecological niche : what are the components of a species ecological niche in relation to primate behavioral ecology?

Authorized stock of corporation : The authorized stock of a corporation

Describe event that call arrives within fifteen minutes : A telephone call from a certain person is received some time between 7:00 A.M. and 9:10 A.M. every day. Define a sample space for this phenomenon, and describe the event that the call arrives within 15 minutes of the hour.

User Account

All Pages