1. With a tax rate of 40%, what is the impact on NI and a firm’s amount of cash from an increase of $200 in COGS?
2. With a tax rate of 40%, what is the impact on NI and a firm’s amount of cash from a decrease of $300 in Depreciation Expense?
3. If Revenue = $180; COGS = $20; SGA = $17; Depreciation = $15; Interest Expense = $0; and the tax rate is 35%, what is OCF?
4. Given the following: OCF = Minus $30; ?NWC = $8; NCS = $15. How much does this company have available to send to its investors?