Calculating OCF. Hammett‚ Inc.‚ has sales of $34‚630‚ costs of $10‚340‚ depreciation expense of $2‚520‚ and interest expense of $1‚750. If the tax rate is 35 percent‚ what is the operating cash flow‚ or OCF? Operating cash flow $ 17283 Calculations: Sales - Cost - Depreciation = EBIT(Earnings Before Interest Taxes –Depreciation Amortization) 34630 - 10340 - 2520 = 21770 EBIT - Interest = Taxable Income 21770 - 1750 = 20020 Taxes (35%) = 20020 x .35 = 7007 Net income: 20020 - 7007 = 13013 EBIT
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Mark Cronin MBA 600 – Production & Operations Management Final Project Report - June 2‚ 2003 Supply-Chain Management Executive Summary – By adopting five new proposed initiatives‚ the L.L.Bean Factory Store Division can provide brand appropriate product to customers and it can also improve its in-stock position and inventory turns while reducing costs in the Supply-Chain and management of corporate inventory. If we leverage a Special Purchase strategy and negotiate
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“This town is full of Tabasco” Elton Glaser starts his poem with. This statement helps us to see Glaser’s view of New Orleans and his view on life in general; A good life is one that is flavorful‚ spicy‚ and unpredictable at times‚ just like New Orleans. Throughout the poem Glaser uses diction‚ imagery‚ line breaks‚ and many more poetic elements to relate to his attitude towards his town‚ and his life. Glaser constantly uses diction that helps express the purpose of his poem. “This town is full
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Introduction South Africa has gone and is still going through social‚ political and economic change since the freedom of Nelson Mandela from Robin Island in 1990 (Macdevette‚ Fincham & Forsyth 2009: 913). President Nelson Mandela’s government and party his‚ the ANC‚ was democratically elected in 1994‚ introduced a Reconstruction and Development Programme (RDP)‚ free basic service delivery as the basis for improving the standards of living and the quality of life of those that were alienated‚ disenfranchised
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Soft Construction with Boiled Beans (Premontion of Civil War) was painted by Salvador Dali in 1936 in Spanish. The type of the painting is oil on canvas. The dimensions are 100cm x 99cm.The location of the painting is Philadelphia Musesum of Art‚ Philadelphia. The painting was a surrealist art work.This art work was one of the most radical of Salvador Dali art career.It showed the outbreak of the Spanish civil war was caused by fear.This painting was to predict the unrest erupted in Spain.It was
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In Barbara Kingsolver’s novel The Bean Trees‚ Taylor buys a picture book-about a farmer planting carrots under his rug-for Turtle‚ her adopted daughter‚ "who had managed to get through her whole life without a book”(Kingsolver 82). Although Taylor feels very proud of herself for providing educational resources for Turtle‚ Taylor admits that she has no money to buy more than two books‚ and her friend Mattie‚ who knows well about how childhood education influences children’s lives‚ is "concerned that
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The Labor Problem at Jamestown‚ 1607-18 Author(s): Edmund S. Morgan Source: The American Historical Review‚ Vol. 76‚ No. 3 (Jun.‚ 1971)‚ pp. 595-611 Published by: Oxford University Press on behalf of the American Historical Association Stable URL: http://www.jstor.org/stable/1851619 . Accessed: 02/04/2013 14:37 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit
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Fifty years ago‚ there was a town called “Tangkwian‚” a small village in the far east of Thailand. It was so small that everybody knew each other well as they were in the same family. Time goes by‚ everything has changed so much that you may not believe that “Muangklaeng Town” was once surrounded by woods. Now‚ The town is considered one of the best places for summer vacation. It is just fifteen kilometers from Laemaepim beach; and there is all sorts of places—shopping centers‚ restaurants‚ theaters
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Paper Towns‚ by John Green is a young adult novel that takes place in a town called Jefferson Park located in Orlando‚ Florida. The novel starts with Quentin Jacobsen and his neighbor/crush‚ Margo Spiegelman‚ both nine years old‚ going to the park. There‚ they discover the corpse of Robert Joyner who had been divorced and committed suicide. We then flash forward to the two as high schoolers who have grown apart. Quentin had spent his life loving Margo and admiring her from afar. Until one day she
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Zachary Beaver came to town is a story about a boy and his best friend living in a small town. It was a customary day until the fattest boy in the world showed up. As the news started to plague‚ the entire county was standing outside of the small grimy grey RV. Zachary Beaver’s hostile personality changes the life of Toby in more ways then one. When Zachary Beaver came to town is about a young boy‚ his best friend‚ and the fattest boy in the world. When Zachary Beaver came to town has a great set of
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