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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
1. Barbell Corporation's income statement reports that the company's "bottom line" was $180,000 in 2008. The statement also shows that the company had depreciation and amortization expenses equal to $50,000 and taxes equal to $120,000. What was Barbell's net cash flow?
2. Last year Z&B Paints reported its net income as $650,000. A review of its income statement shows that Z&B's operating expenses (fixed and variable), excluding depredation and amortization, were $1,500,000; its depreciation and amortization expense was $300,000; and its tax rate was 35 percent. Z&B has no debt—that is, the firm is financed with stock only.
a. What were Z&B's sales revenues last year?
b. What was Z&B's net cash flow last year?
c. What was Z&B's operating cash flow last year?
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Ans-----------wer----------- 1.----------- Ne-----------t c-----------ash----------- fl-----------ow -----------= L-----------ast----------- ye-----------ar -----------net----------- in-----------com-----------e +----------- De-----------pre-----------cia-----------tio-----------n =----------- $1-----------800-----------00+-----------500-----------00=----------- $2-----------300-----------00 -----------*Ta-----------xes----------- ar-----------e a-----------lre-----------ady----------- ca-----------lcu-----------lat-----------ed -----------in -----------Net----------- in-----------com-----------e. -----------Ans-----------wer-----------2. -----------a) -----------Sal-----------es -----------rev-----------enu-----------e