What is the operating cash flow under the best case scenario

Assignment Help Finance Basics

Reference no: EM13288312

The Picture Gallery has compiled the following estimates. The gallery feels it can sell 240 paintings a year, plus or minus 4 percent. The selling price is $1,100, plus or minus 2 percent. The annual fixed costs are $57,000 and the variable costs are $780 per painting. The costs are accurate within a plus or minus 3 percent range. The tax rate is 33 percent and the annual depreciation expense is $2,100. What is the operating cash flow under the best case scenario?

Reference no: EM13288312

Questions Cloud

Obtain the magnitude of the initial velocity : On a spacecraft, two engines fire for a time of 598 s. One gives the craft an acceleration in the x direction of ax = 4.92 m/s^2, Calculate the magnitude of the initial velocity

Explain the pressure when the gas occupies a volume : If a certain gas occupies a volume of 14 L when the applied pressure is 7.0 atm , find the pressure when the gas occupies a volume of 3.5L.

What is the amount of the weekly revenue : A marketing group has estimated that adding the senior's meal would change the weekly meals sold to 345 adult, 65 senior, and 40 children's meals. What is the amount of the weekly revenue that should be used when analyzing the addition of the seni..

Design a function to turn on one segment of the display : Consider four logical input lines(A,B,C, and D) to represent a fourbit decimal integer. The decimal value of this four bitinteger is to be shown on a seven segment display. You are todesign a function to turn on one segment of the display.

What is the operating cash flow under the best case scenario : The tax rate is 33 percent and the annual depreciation expense is $2,100. What is the operating cash flow under the best case scenario?

How much current flows through the television : A television set connected to a 120 outlet consumes 76 of power. How much current flows through the television

What is the expected total annual variable costs : The Grist Mill estimates it can sell 600 pairs of shoes a year, plus or minus 2 percent. It also estimates the variable cost at $31 per pair, plus or minus 3 percent. What is the expected total annual variable costs under the worst case scenario?

What is the amount of the depreciation in year 2 : The MACRS depreciation allowances on 3-year property are 33.33 percent, 44.45 percent, 14.81 percent, and 7.41 percent, respectively. What is the amount of the depreciation in year 2 for 3-year property with an initial cost of $64,000?

What is the relevant cost : What is the relevant cost of the 720 liters of the raw material when deciding how much to bid on the special order?

User Account

All Pages