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The owner of a bicycle repair shop forecasts revenues of 220,000 a year. Variable costs for the shop are $65000, and rental costs for the shop $45000 a year. Depreciation on the repair tools will be $2500.
A. Prepare income statement for the shop based on these estimates. The tax rate is %20.
B. Calculate the operating cash flow for the repair shop using the three methods given below:
-dollars in minus dollars out
-Adjusted accounting profits
-after tax operating cash flow
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How could you address this concern? Describe how you would calculate your answer. What values would you use for the other forecast variables?
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a lender is promiseda 100 payment including interest one year from today. if the lender has an 8 opportunity cost of
Calculating Ratios Calculate the following ratios for Lake of Egypt Marina, Inc., as of year-end 2015. (LG3-1 through LG3-5)
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