What is the company operating cash flow

Assignment Help Financial Management
Reference no: EM131329531

During 2014, Raines Umbrella Corp. had sales of $750,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $610,000, $125,000, and $170,000, respectively. In addition, the company had an interest expense of $60,000 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions.) a. What is Raines’s net income for 2014? (Do not round intermediate calculations. Input the amount as a positive value.) $ 215000 b. What is the company's operating cash flow? (Do not round intermediate calculations.) Operating cash flow $

Reference no: EM131329531

Questions Cloud

Desired operating income before tax : A neighborhood restaurant opens for lunch only and has a menu limited to five meals. The history of each menu item relative to its percentage of total sales, selling price (SP), and variable costs (VC) are shown in the following table: Menu Item SP V..
Prepare closing entries in journal format : Prepare an Income Statement, Statement of Retained Earnings and a Balance Sheet. Prepare closing entries in journal format and post to the T Accounts. Prepare a Post-Closing Trial Balance.
Create the conditions for the upcoming global war : Leading up to WWII, Japan, Italy and Germany participated in particularly aggressive acts. How did these decisions create the conditions for the upcoming global war
How is this type of theft committed : With all of your new found knowledge of Business Law, your community has called upon you to provide a presentation to educate your community about identity theft and ways to prevent it. For this week's assignment, you will be creating a PowerPoint..
What is the company operating cash flow : During 2014, Raines Umbrella Corp. had sales of $750,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $610,000, $125,000, and $170,000, respectively. In addition, the company had an interest expense of $60,..
Write rate law for disappearance of ch4 in this oxidation : First, write the rate law for the disappearance of CH4 in this oxidation.Then use this to obtain a differential equation for the rate of appearance of OH. Don't worry about solving the equation or isolating all the dependence on [OH].
What does the irr rule advise regarding payment? arrangement : Professor Wendy Smith has been offered the following? opportunity: A law firm would like to retain her for an upfront payment of $49,000. In ?return, for the next year the firm would have access to eight hours of her time every month. Smith's rate is..
What contributions did this individual make in the creation : Write a 2 page essay answering the following questions: What contributions did this individual make in the creation of our government? Why were these contributions so significant
Assumptions required to make dividend discount model : Discuss/explain the assumptions required to make the dividend discount model (DDM) easier to estimate the value of a company’s stock. Hint: You may want to discuss the main assumptions behind then general version of the DDM.

Reviews

Write a Review

Financial Management Questions & Answers

  Determine the increase in white oaks annual pretax earnings

Assuming that these additional funds can be invested in marketable securities that yield 7 percent per year, determine the increase in White Oak's annual (pretax) earnings.

  About the individual retirement account

Bill plans to fund his individual retirement account (IRA) with the equal amount contribution at the end of year for the next 20 years. If Bill can earn 12 percent on his contributions and he wants to accumulate $1,000,000 at the end of twentieth yea..

  What is the six month forward exchange rate

The nominal yield on 6 month T- bills is 7% while default free Japanese bonds that mature in 6 months have a nominal rate of 5.5%. in the spot exchange market, 1 yen equals $0.009. if interest rate parity holds. what is the 6 month forward exchange r..

  What is the value of your retirement plan

Assume that you contribute $400 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $800 per month for another 25 years. Given a 8 percent interest rate, what is the value of your retirement plan after the 5..

  What is the equivalent annual annuity if the discount rate

Machinery costs $1 million today and $100,000 per year to operate. It lasts for 8 years. What is the equivalent annual annuity if the discount rate is 5%? Enter your answer in dollars and round to the cent.

  Discuss main characteristics of defined contribution plans

Discuss the main characteristics of defined contribution plans and defined benefit plans. How do these differ from a cash balance plan, and does the employee or employer bear the risk of poor investment performance inside each of these types of plans..

  What is per-share value of van buren to harrison corporation

Harrison Corporation is interested in acquiring Van Buren Corporation. Assume that the risk-free rate of interest is 6%, and the market risk premium is 7%. Harrison estimates that if it acquires Van Buren, the year-end dividend will remain at $1.58 a..

  Weighted average of standard deviations of individual assets

An investor who is in the 33% tax bracket is indifferent between a 9% tax-free muni and a 6% taxable bond. The standard deviation of a portfolio of assets is simply the weighted average of the standard deviations of the individual assets.

  What is the initial margin requirement in october 2004

What is the initial margin requirement in October 2004 and is the company subject to anymargin calls and what is the impact of the strategy you propose on the price the company pays for copper?

  Require a return-what is the current share price

Great Pumpkin Farms just paid a dividend of $3.40 on its stock. The growth rate in dividends is expected to be a constant 5 percent per year indefinitely. Investors require a return of 13 percent for the first three years, a return of 11 percent for ..

  Determine cost of debt-what is the aftertax cost of debt

ICU Window, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with ten years to maturity that is quoted at 109.5 percent of face value. The issue makes semiannual payments and has an embedded cost of 8 percent annua..

  What is the new cost of goods sold percent of sales

The firm manufactures a global positioning system (GPS) that sells for $2,000, with cost of goods sold (hardware 30% and software 70%) of 55% of sales. What is the new cost of goods sold percent of sales for each of the countries

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