Question
A cost-cutting project will decrease costs by $64,500 a year. The annual depreciation will be $14,550 and the tax rate is 40 percent. What is
A cost-cutting project will decrease costs by $64,500 a year. The annual depreciation will be $14,550 and the tax rate is 40 percent. What is the operating cash flow for this project?
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$38,700
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$44,520
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$32,880
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$31,620
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$19,980
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Financial Analysis With Microsoft Excel
Authors: Timothy R. Mayes
9th Edition
0357442059, 9780357442050
