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.

List five words to describe your dominant culture. list five words to describe a culture with which you are not a member, have little or no contact, or have limited knowledge. can someone give me a example on how to answer this?

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.

You are the manager of the packaging department in a cookie factory. (obviously, the packaging employees cannot eat the cookies that are transferred in during the period.) after your employees insert cookies into colorful packages (step 1) for display on store shelves, the packages of cookies are then boxed using cardboard cartons (step 2) for shipment to stores. each unit of product is represented by a carton of packaged cookies. the packaging department began the period with 1,000 units of cookies. during the period, 5,000 units of cookies were transferred in from the baking department and 5,500 units of cookies were transferred out to the finished goods department. the number of units of cookies in the ending inventory of the packaging department equals: