HomeworkLib
Question

The Moore Enterprise has gross profit of $1100000 with amortzation expense of $470,000 The Kipling Corporation a $11o0000 expense of $470.000 The Kipling Corporation has gross profits but only $71,000 in amortization expense. The selling and adrministration expenses are $131,000, the sate lor each company If the tax rate is 30 percent, calculate the cash flow for each company Difference in cash flow s匚ー


business   finance   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

File Home nert Page Layout Formulas Data Review View dd-Ins Cut Σ AutoSum Calibri ー E ゴWrap Text General ta copy. B า 프 . Ej-., Δ. : r_一 逻锂函Merge & Center. $, % , 弼,8 Paste Conditional Format CeInsert Delete Format Formatting, as Table w styles. ▼ ㆆ ▼ Sort &Find & 2 ClearFe Select Edting Format Painter Clipboard Font Alignment Number Styles Cells AL390 AK AL AM AN AO AP AQ 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 (4 く トト1 OCF CASH FLOW STAT N | FCF . GROSS PROFIT SELLING AND ADMIN EXPENSES AMORTIZATION EXPENSES EARNINGS BEFORE TAX TAX: 30% NET INCOME AMORTIZATION EXPENSES CASH FLOW 1100000 131000 470000 499000 149700 349300 470000 819300 1100000 131000 71000 898000 269400 628600 71000 699600 LESS LESS LESS ADD MOORE KIPLING ANS CASH FLOW 819300 699600 ANS DIFFERENCE IN CASH FLOW 119700 (819300 699600) ARM, MS,confidenceINDEX . CURRENCY . LOAN CROSS OVER HEDGING MONEY MARKET . GM HPR AM , TAX , GROWTH SUST, PREF AND DIV POLICY , erences: EV46 07:07 01-02-2019

0 0
Add a comment
Know the answer?
Add Answer to:
The Moore Enterprise has gross profit of $1100000 with amortzation expense of $470,000 The Kipling Corporation...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

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

  • The Rogers Corporation has a gross profit of $760,000 and $306,000 in depreciation expense. The Evans...

    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

  • 20.00 points The Rogers Corporation has a gross profit of $707,000 and $329,000 in depreciation expense....

    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 $798,000 and $300,000 in depreciation expense. The Evans...

    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.   

  • The Rogers Corporation has a gross profit of $709,000 and $254,000 in depreciation expense. The Evans...

    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.   

  • The Rogers Corporation has a gross profit of $760,000 and $306,000 in depreciation expense. The Evans...

    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.

  • 10) ABC Corporation has $450,000 in gross profit with $120,000 in depreciation expense. 123 Corporation has...

    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.

  • Saved The Rogers Corporation has a gross profit of $770,000 and $297,000 in depreciation expense. The...

    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...

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

    Question 2 (of 5) Save&Exit Submit 2. velue 20.00 points 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. Rogers Evans Cash flow $ 169,200$312,680 b. Calculate the difference in cash flow between the two firms....

  • Net Cash Flows The Moore Corporation has operating income (EBIT) of $850,000. The company's depreciation expense...

    Net Cash Flows The Moore Corporation has operating income (EBIT) of $850,000. The company's depreciation expense is $150,000. Moore is 100% equity financed, and it faces a 35% tax rate. What is the company's net income? Round your answer to the nearest dollar What is its net cash flow? Round your answer to the nearest dollar.

  • 14. Gerry Co. has a gross profit of $970,000 and $280,000 in depreciation expense. Selling and...

    14. Gerry Co. has a gross profit of $970,000 and $280,000 in depreciation expense. Selling and administrative expense is $128,000. Given that the tax rate is 36 percent, compute the cash flow for Gerry Co O $642.180 O $690,000 O $639,680 O $127.964

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