Question
6. A project is expected to generate annual revenues of $235,132. Cash operating costs are equal to 54% of revenues. Depreciation is $25,434 per year.
6. A project is expected to generate annual revenues of $235,132. Cash operating costs are equal to 54% of revenues. Depreciation is $25,434 per year. The tax rate is 25%. What is the operating cash flows each year for this project. Include your answer to the nearest dollar
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Public Finance In Theory And Practice
Authors: Richard Abel Musgrave, Peggy B. Muscrave
5th Edition
0070441278, 978-0070441279
