Moby Slim Corporation has sales of $4,603,137; income tax of $537,703; the selling, general and administrative...

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Moby Slim Corporation has sales of $4,603,137; income tax of $537,703; the selling, general and administrative...

Moby Slim Corporation has sales of $4,603,137; income tax of $537,703; the selling, general and administrative expenses of $269,936; depreciation of $337,075; cost of goods sold of $2,594,782; and interest expense of $151,396. Calculate the amount of the firm's after-tax cash flow from operations?

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Answer 1

Answer #1

Sales = $4,603,137

Less: COGS = $2,594,782

selling, general and administrative expenses = $269,936

interest expense of $151,396 = $151,396

income tax = $537,703

After tax cash flow from operations = $1,049,320

Since depreciation is a non-cash expenditure, it will not lead to outflow of cash

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Answer 2

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Moby Slim Corporation has sales of $4,603,137; income tax of $537,703; the selling, general and administrative...

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Moby Slim Corporation has sales of $4,603,137; income tax of $537,703; the selling, general and administrative...