1) Calculating OCF. Hammett, Inc., has sales of $34,630, costs of $10,340, depreciation expense of $2,520, and interest expense of $1,750.
Please help with the questions in the document attached, it is for a finance class.Â
) Calculating OCF. Hammett, Inc., has sales of $34,630, costs of $10,340, depreciation expense of
$2,520, and interest expense of $1,750. If the tax rate is 35 percent, what is the operating cash
flow, or OCF? 2) Calculating Cash Flows. Weiland Co. shows the following information on its 2014 income
statement: sales = $167,000; costs = $88,600; other expenses = $4,900; depreciation expense =
$11,600; interest expense = $8,700; taxes = $18,620; dividends = $9,700. In addition, you’re told
that the firm issued $2,900 in new equity during 2014, and redeemed $4,000 in outstanding
long-term debt.
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Posted 19 Aug 2017 09:08 AM
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