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A five-year project is expected to generate revenues of $120,000, variable costs of $72,000, and fixed costs of $20,000. The annual depreciation is $10,000 and
A five-year project is expected to generate revenues of $120,000, variable costs of $72,000, and fixed costs of $20,000. The annual depreciation is $10,000 and the tax rate is 34%. What is the annual operating cash flow?
$11,880 | ||
$18,480 | ||
$21,880 | ||
$24,480 |
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