Question

Edwards Electronics recently reported $14,750 of sales, $5,500 of operating costs other than depreciation, and $1,250...

Edwards Electronics recently reported $14,750 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had no amortization charges, it had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 35%. How much was its net cash flow?

a. $6,355.61

b. $6,403.41

c. $6,331.71

d. $6,379.51

e. $6,307.81

0 0
Add a comment Improve this question Transcribed image text
Answer #1

$ Sales 14,750.00 Less Operating costs Less Depreciation 5,500.00 1,250.00 218.75 (3500*0.0625) Less Interest ЕВT 7,781.25 Le

Add a comment
Know the answer?
Add Answer to:
Edwards Electronics recently reported $14,750 of sales, $5,500 of operating costs other than depreciation, and $1,250...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT