A project currently generates sales of $1 million, variablecosts equal 40% of sales, and fixed costs are $0.2 million. Thefirm??s tax rate is 21%. Assume

A project currently generates sales of $1 million, variablecosts equal 40% of sales, and fixed costs are $0.2 million. Thefirmâ??s tax rate is 21%. Assume all sales and expenses are cashitems.What 2 answers