1 high towers inc has sales of 623000 costs of 267000, Ask an Expert

Finance

1. High Towers, Inc., has sales of $623,000, costs of $267,000, depreciation expense of $34,000, and interest expense of $21,000.

If the tax rate is 33 percent, the operating cash flow, or OCF, is $ ______ . (Round your answer to the nearest whole dollar amount.

2. What is the present value of a $398 perpetuity discounted back to the present at 4.86 percent

3. What is the present value of the following annuity? $202 every quarter year at the end of the quarter for the next 8 years, discounted back to the present at 17.14 percent per year, compounded quarterly?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92797266

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