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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Week 5 Block 2 – Reading 5 Looking Inside For Competitive Advantage Jay Barney 1 Introduction • Focus has been placed on the relationship between the firm’s environmental opportunities and threats‚ and the firm’s strengths and weaknesses (SWOT analysis ). • Michael Porter’s work on the ‘five forces model’ helps understand the importance of external threats and opportunities. • Barney emphasizes the competitive implications of the firm’s internal strengths and weaknesses. To Barney the SW should
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Chap 17‚ Prob B1 A. Bixton’s objective is to achieve a credit standing that falls‚ in the words of the chief financial officer‚ “comfortably within the ‘A’ range.” What target range would you recommend for each of the three credit measures? To remain within the ’A’ range the following is recommended Fixed Charge Coverage 3.00–4.30 Funds From Operations/Total Debt 45%–65% Long-Term Debt/Capitalization 22%-32% So to be comfortably within the range A the company should try to maintain
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A Little History of the World Chapters 1-10 Chapter 2- 4000 BC Start to discover metals. Bronze Age begins. Chapter 3- 3100 BC Menes rules Egypt. 2500 BC Cheops rules Egypt. 2100 BC Rebellion in Egypt (then back to normal). 1370 BC Akhenaton rules Egypt believes in one God. Chapter 4- Days of Week based after Gods. Mesopotamia‚ unlike Egypt was ruled by many kings‚ most important tribes are Sumerians‚ the Babylonians‚ and the Assyrians. Sumerians had already built houses and
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Week 5 Assignment 1 January 28‚ 2015 Database Concepts James Johnson (17991808) Mrs. Hubbard 1. Define the term “physical design” with regard to databases. Database design adapted to the features and limitations of a particular RDBMS. 2. What is a database transaction? - Any action that a database takes‚ creating objects‚ adding rows‚ changing data in rows‚ removing rows‚ and so on. 3. What is Unicode? An expanded character set that includes non-Latin character sets such as Russian or Japanese
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HIS 115 Week 5 Assignment 1 The War of 1812 has been called the second American war for independence from Great Britain. While the U.S. failed in its main goals for this war‚ the War of 1812 did legitimate the nationhood of the nascent U.S.‚ and it gained the country new respect from other nations. The status of America as independent from Great Britain was confirmed by this war‚ and afterwards American nationalism surged. America tried to preserve their neutrality and their rights by stopping
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This pack of ECO 316 Week 1 Chapter 5 The Theory of Portfolio Allocation comprises: 5.1 Multiple Choice Questions 1) A portfolio is a 2) The theory of portfolio allocation describes 3) An asset in a portfolio always represents 4) Which of the following assets made up the largest fraction of the portfolios of U.S. households in 2006? 5) Which of the following assets made up the largest fraction of the portfolios of U.S. households in 1950? 6) Which of the following
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This file of IT 242 Week 3 DQ 2 shows the solutions to the following problems: Post your response to the following: You are a consultant who has been hired to design a WAN for a startup business. How would you explain sub-netting in a way your non-technical client would understand? Business - General Business NTC 242 Entire Course Though most people realize the potential value in acquiring a college education‚ not everyone knows how to begin the process of pursuing one
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Learning Team Week 5 ACC/349 Problem P8-2A Variable Cost per unit: Direct materials $50 Direct labor $25 Variable manufacturing overhead $20 Variable selling and administrative expenses $18 Total Variable Cost $113 Fixed cost per unit: Total Cost ÷ Budgeted Volume = cost per unit Fixed manufacturing overhead $600‚000 ÷ 50000 = 12 Fixed selling and administrative expenses $400‚000 ÷ 50000 = 8 Fixed cost per unit 1‚000‚000 $20 Total unit
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Chapter 5-Case Incident 1: Finding People Who Are Passionate About What They Do 1. Identify some of the established recruiting techniques that apparently underlie Trilogy’s approach to attracting talent. Trilogy utilizes college recruiting as often as possible. They also frequent job fairs and computer science departments at colleges to look for possible recruits. They do not mind spending money to obtain a prospective employee. They fly employees in for a three-day visit‚ and encourage them
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