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30. A proposed new project has projected sales of $201,000, costs of $93,000, and depreciation of $25,400. The tax rate is 22 percent. Calculate operating

30. A proposed new project has projected sales of $201,000, costs of $93,000, and depreciation of $25,400. The tax rate is 22 percent. Calculate operating cash flow using the four different approaches.

ebit+depreciation-tax=?

top-down=?

tax-shield=?

bottom-up=?

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