Depreciation and accounting cash flow A firm in the third year of depreciating its only asset, which originally cost $ 180 comma 000 and has a 5-year MACRS recovery period LOADING..., has gathered the following data relative to the current year's operations: Accruals $ 15 comma 000 Current assets 120 comma 000 Interest expense 15 comma 000 Sales revenue 400 comma 000 Inventory 70 comma 000 Total costs before depreciation, interest and taxes 290 comma 000 Tax rate on ordinary income 21 %

a. Use the relevant data to determine the operating cash flow for the current year.
b. Explain the impact that depreciation, as well as any other noncash charges, has on a firm's cash flows.

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing​ company: work in process inventory ​$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additional​ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.​ 151, for which total direct labor charges were $ 5 comma 700 ​(1 comma 000 direct labor​ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for​ january

Which two of the following are benefits of consumer programs

Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000