Toodles Inc. had sales of $1,840,000. Cost of goods sold, administrative
and selling expenses, and depreciation expenses were $1,180,000,
$185,000 and $365,000 respectively. In addition, the company had an
interest expense of $280,000 and a tax rate of 35 percent. (Ignore any
tax loss carryback or carry forward provisions.)
What was Toodles’s OCF?
Anti-Pandemic Pharma Co. Ltd. reports the following
information in its income statement:
Sales = $5,250,000:
Costs = $2,
Other expenses = $187,400;
Depreciation expense = $79,000;
Interest expense= $53,555;
Taxes = $76,000;
Dividends = $69,000.
$136,700 worth of new shares were also issued during the year and
long-term debt worth $65,300 was redeemed.
a) Compute the cash flow from
b) Compute the net change in working capital