a. Rogers Corporation – Evans Corporation
Rogers | Evans | |
Gross profit | $798,000 | $798,000 |
Selling and adm. expense | ($216,000) | ($216,000) |
Depreciation | ($300,000) | ($45,900) |
Operating profit | $282,000 | $536,100 |
Taxes (40%) | ($112,800) | ($214,440) |
Earnings after taxes | $169,200 | $321,660 |
Plus: Depreciation expense | $300,000 | $45,900 |
Cash flow | $469,200 | $367,560 |
b. Difference in cash flow = $469,200 - $367,560 = $101,640
Question 2 (of 5) Save&Exit Submit 2. velue 20.00 points The Rogers Corporation has a gross...
The Rogers Corporation has a gross profit of $798,000 and $300,000 in depreciation expense. The Evans Corporation also has $798,000 in gross profit, with $45,900 in depreciation expense. Selling and administrative expense is $216,000 for each company. a. Given that the tax rate is 40 percent, compute the cash flow for both companies. b. Calculate the difference in cash flow between the two firms.
20.00 points The Rogers Corporation has a gross profit of $707,000 and $329,000 in depreciation expense. The Evans Corporation also has $707,000 in gross profit, with $44,800 in depreciation expense. Selling and administrative expense is $176,000 for each company a. Given that the tax rate is 40 percent, compute the cash flow for both companies. Rogers Evans Cash flow b. Calculate the difference in cash flow between the two firms. Difference in cash flow
The Rogers Corporation has a gross profit of $760,000 and $306,000 in depreciation expense. The Evans Corporation also has $760,000 in gross profit, with $42,000 in depreciation expense. Selling and administrative expense is $230,000 for each company a. Given that the tax rate is 40 percent, compute the cash flow for both companies. Rogers Evans Cash flow b. Calculate the difference in cash flow between the two firms. Difference in cash flow
The Rogers Corporation has a gross profit of $760,000 and $306,000 in depreciation expense. The Evans Corporation also has $760,000 in gross profit, with $42,000 in depreciation expense. Selling and administrative expense is $230,000 for each company. a. Given that the tax rate is 40 percent, compute the cash flow for both companies. rogers = evans = b. Calculate the difference in cash flow between the two firms.
The Rogers Corporation has a gross profit of $709,000 and $254,000 in depreciation expense. The Evans Corporation also has $709,000 in gross profit, with $46,200 in depreciation expense. Selling and administrative expense is $187,000 for each company. a. Given that the tax rate is 40 percent, compute the cash flow for both companies. b. Calculate the difference in cash flow between the two firms.
Saved The Rogers Corporation has a gross profit of $770,000 and $297,000 in depreciation expense. The Evans Corporation also has $770,000 in gross profit, with $45,500 in depreciation expense. Selling and administrative expense is $252,000 for each company. a. Given that the tax rate is 40 percent, compute the cash flow for both companies. Rogers Evans Cash flow b. Calculate the difference in cash flow between the two firms. Difference in cash flow < Prev 6 of 17 !! Next...
5. Botox Facial Care had earnings after taxes of $284,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $45.80. In 20X2, earnings after taxes increased to $350,000 with the same 200,000 shares outstanding. The stock price was $56.00. a. Compute earnings per share and the P/E ratio for 20X1. (The P/E ratio equals the stock price divided by earnings per share.)(Do not round intermediate calculations. Round your final answers to 2 decimal places.) b. Compute...
velue: 10.00 points Hailey, Inc., has sales of $19,610, costs of $9.420, de What is the operating cash fow, or OcF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g Operating cash flow s reEiation nexpense of $2,090, and interest expense of $1,580. Assume the tax rate is 30 percent. Hints eBook & Resources Hint #1
Question 1 (of 9) Save & Exit Submit 1. value 2.77 points Low Carb Diet Supplement, Inc., has two divisions. Division A has a profit of $176,000 on sales of $2,490,000. Division B is able to make only $25,800 on sales of $451,000. a. Compute the profit margins (return on sales) for each division. (Input your answers as a percent rounded to 2 decimal places.) Profit Margin Division A Division B b. Based on the profit margins (returns on sales),...
10) ABC Corporation has $450,000 in gross profit with $120,000 in depreciation expense. 123 Corporation has $450,000 in gross profit with $40,000 in depreciation expense. Each company had $75,000 in selling and administration expenses. The tax rate for each company is 18%. Calculate the cash flow for each company. Explain any differences.