Finance Chp 2 Quiz 2

Finance Chp 2 Quiz 2 - Question 1 1 Webster World has sales...

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Question 1 1. Webster World has sales of $12,900, costs of $5,800, depreciation expense of $1,100, and interest expense of $700. What is the operating cash flow if the tax rate is 32 percent? Answer $4,704 $5,749 $5,404 $7,036 $7,100 0.1 points Question 2 1. Noncash items refer to: Answer accrued expenses. inventory items purchased using credit. the ownership of intangible assets such as patents. expenses which do not directly affect cash flows. sales which are made using store credit. 0.1 points Question 3 1. At the beginning of the year, a firm had current assets of $121,306 and current liabilities of $124,509. At the end of the year, the current assets were $122,418 and the current liabilities were $103,718. What is the change in net working capital? Answer -$19,679 -$11,503 -$9,387 $1,809 $21,903 0.1 points Question 4 1.
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In 2010, Marlboro Industries had sales of $421,900, costs of $304,950 and depreciation of $38,200. Its interest expense totaled $19,100. The company paid dividends of $8,000
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Finance Chp 2 Quiz 2 - Question 1 1 Webster World has sales...

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