What was the operating cash flow

Assignment Help Financial Accounting
Reference no: EM132746985

Question - Last year, BFA Corporation had net sales of $3,600,000 and cost of goods sold of $2,000,000. Its depreciation charge was $600,000 and selling, general, and administrative (SG&A) expense was $800,000. If the interest charge was $30,000 and the tax rate is 35 percent, what was the operating cash flow? Ignore any carry back or carry forward of loss for tax purposes.

Reference no: EM132746985

Questions Cloud

Determine deflection for simply supported beams : Calculate bending moments and shear forces for simply supported steel and concrete beams and Determine deflection for simply supported beams
Identify your knowledge of hris : Using your organization, or one you are familiar with, you will identify your knowledge of HRIS and to make a suggestion about a new piece of technology.
Medical tourism is becoming popular among americans : Examine the primary reasons why medical tourism is becoming popular among Americans,
What is the amount of interest expense-lpgen corp : Assume that the bond with similar risk yields a rate of 8%. What is the amount of interest expense paid on December 31, 2016?
What was the operating cash flow : Administrative (SG&A) expense was $800,000. If the interest charge was $30,000 and the tax rate is 35 percent, what was the operating cash flow
What is verbal communication : What is verbal communication? Provide one example to illustrate the importance of accurate verbal communication in interpersonal interactions.
Evaluate the attractiveness of the cuban cigar industry : Evaluate the attractiveness of the Cuban cigar industry for hand-made cigar producers by applying Porter's Five Forces Model?
Calculate acetate weighted average cost of capital : Acetate, Inc. has equity with a market value of $20 million and debt with a market value of $10 million. Treasury bills that mature in one year yield 8% per yea
What is the value of pizza company equity : Swift plc has 10,000 shares. The current share price is £40, and the cost of equity is 13%. The company has also 1,000 bonds outstanding, with 13 years

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd