8. 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?
|Calculating Cash Flows. Weiland Co. shows the following information on its 2014 income statement: sales = $167,000; costs = $88,600; other expenses = $4,900; depreciation expense = $11,600; interest expense = $8,700; taxes = $18,620; dividends = $9,700. In addition, you’re told that the firm issued $2,900 in new equity during 2014, and redeemed $4,000 in outstanding long-term debt.|
|a. Calculating Cash Flows. What is the 2014 operating cash flow?|
|b. What is the 2014 cash flow to creditors?|
|c. What is the 2014 cash flow to stockholders?|
|d. If net fixed assets increased by $23,140 during the year, what was the addition to NWC?|
Based on your experience and research, provide an example of an ethical situation faced by a business and discuss your recommendations for the best way for the business to handle the situation. Your submission should be at least 500 words
So, it’s the first two questions and then roughly 500 word answer on the ethical situation