Homework Answers
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
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Question 2 (of 5) Save&Exit Submit 2. velue 20.00 points The Rogers Corporation has a gross...
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