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2) (3 pts) A cost-cutting project will decrease costs by $150,000 a year. The annual depreciation on the project's fixed assets will be $60,000 and

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2) (3 pts) A cost-cutting project will decrease costs by $150,000 a year. The annual depreciation on the project's fixed assets will be $60,000 and the tax rate is 30 percent. What is the amount of the change in the firm's operating cash flow per year resulting from this project? OCF = $

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