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A project is expected to generate annual revenues of $116,900, with variable costs of $74,500, and fixed costs of $15,000. The annual depreciation is $3,800
A project is expected to generate annual revenues of $116,900, with variable costs of $74,500, and fixed costs of $15,000. The annual depreciation is $3,800 and the tax rate is 21 percent. What is the annual operating cash flow?
a. $27,400
b. $31,200
c. $58,692
d. $43,692
e. $22,444
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