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A project has annual depreciation of $16,200, costs of $87,100, and sales of $123,000. The applicable tax rate is 40 percent What is the operating
A project has annual depreciation of $16,200, costs of $87,100, and sales of $123,000. The applicable tax rate is 40 percent What is the operating cash flow according to the tax shield approach? $29,878 $27,667 $27,458 $28,020 $21,540
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