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A gym owner is considering opening a location on the other side of town the new facility will cost $1.49 million and will be depreciated
A gym owner is considering opening a location on the other side of town the new facility will cost $1.49 million and will be depreciated on a straight line basis over a 20 year. The new gym is expected to generate $563,000 in annual sales. Variable costs are 47% of sales, the annual fixed cost are $91,300 and the tax rate is 21%. What is the operating cash flow?
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