Moore Corporation is 100% equity financed so interest expense will be nil.
Therefore EBIT = EBT
Particulars | Amount ($) |
PBT | 8,50,000 |
(-) Tax @ 35% | 2,97,500 |
Net Income | 5,52,500 |
(+) Depreciation | 1,50,000 |
Net Cash Flow | 7,02,500 |
Thumbs up please if satisfied. Thanks :)
Comment if further doubts in above
Net Cash Flows The Moore Corporation has operating income (EBIT) of $850,000. The company's depreciation expense...
Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2015. b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2015 c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2015. d. Interpret, compare and contrast your cash flow estimate in parts...
Finding operating and free cash flows Consider the balance sheets and selected data from the income statement of Keith Corporation that follow a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2019 b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019 c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019 d. Interpret, compare and contrast your cash flow estimate in parts...
Company ABC has EBIT = € 18038, depreciation expense = € 2200, interest expense= € 4500 and the tax rate 35%. What is the operating cash flow?
Company ABC has EBIT = € 11158, depreciation expense = € 2200, interest expense= € 4500 and the tax rate 35%. What is the operating cash flow?
Last year Miami Rivets had S6 million in operating income (EBIT). Its depreciation expense was $1 million, its interest expense was $1 min, and its corporate tax rate was 30%. At year-end, it had $15 million in current assts, $4 million in accounts payable, $1 million in accruals, $2 million in notes payable, and $16 million in net plant and equipment. Miami Rivets uses only debt and common equity to fund its operations. (In other words, Miami Rivets has no...
After-tax operating income [EBIT(1 - T)] for 2020 is expected to be $550 million. The depreciation expense for 2020 is expected to be $60 million. The capital expenditures for 2020 are expected to be $450 million. No change is expected in net operating working capital. The free cash flow is expected to grow at a constant rate of 3% per year. The required return on equity is 15%. The WACC is 9%. The firm has $209 million of non-operating assets....
To get the operating cash flow, given the net income, we add back ________. EBIT depreciation cost of goods sold taxes
Please solve all
Byron Books Inc. recently reported $18 million of net income. Its EBIT was $42.5 million, and its tax rate was 25%. What was its interest expense? (Hint: Write out the headings for an income statement, and then fill in the known values. Then divide $18 million of net income by (1 - T) -0.75 to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar...
Multiple Choice: Problems (252-50) Firm MMA has EBIT (operating income) of $3 million, depreciation of $1 million. Pirm a s expenditures on fixed anneta - $1 million. Its net operating working capital - $0.6 million.Calculate for free cash flow. Imagine that the tax rate 40t. a. 91.2 b. $1.3 c. $1.4 Firm AAA's sales - $150,000, operating costs (no depreciation) - $75.500. Depreciation - $10,200, Tax rate 35. Pirm M b ond value is $16,500 and the interest rate of...
5. The income statement and a schedule reconciling cash flows from operating activities to net income are provided below for Macrosoft Corporation. MACROSOFT CORPORATION Income Statement For the Year Ended December 31, 2018 ($ in millions) Revenues and gains: Sales $ 320.00 Gain on sale of cash equivalents 2.50 Gain on sale of investments 24.50 $ 347.00 Expenses and loss: Cost of goods sold $ 125.00 Salaries 40.50 Interest expense 12.50 Insurance 20.50 Depreciation 10.50 Patent amortization 4.50 Loss on...