Hmmett inc has sales of 19610 costs of 9420 depreciation

Reference no: EM13616327

1. Lifeline, Inc., has sales of $601,000, costs of $257,000, depreciation expense of $63,000, interest expense of $30,000, and a tax rate of 35 percent.

Required:
What is the net income for this firm? (Do not include the dollar sign ($).)

2. The SGS Co. had $283,000 in taxable income. Use the rates from Table 2.3.

Required:Calculate the company's income taxes.Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations.)

3.Hammett, Inc., has sales of $19,610, costs of $9,420, depreciation expense of $2,090, and interest expense of $1,580. Assume the tax rate is 30 percent.

Required:
What is the operating cash flow? (Do not include the dollar sign ($

Reference no: EM13616327

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Hmmett inc has sales of 19610 costs of 9420 depreciation : 1. lifeline inc. has sales of 601000 costs of 257000 depreciation expense of 63000 interest expense of 30000 and a tax

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