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4. Bennett Company has a potential new project that is expected to generate annual revenues of $257,600, with variable costs of $142,000, and fixed
4. Bennett Company has a potential new project that is expected to generate annual revenues of $257,600, with variable costs of $142,000, and fixed costs of $59,800. To finance the new project, the company will need to issue new debt that will have an annual interest expense of $22,000. The annual depreciation is $24,200 and the tax rate is 35 percent. What is the annual operating cash flow? ple Choice
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