Question
A project is expected to generate annual revenues of $128,900, with variable costs of $79,000, and fixed costs of $19,500. The annual depreciation is $4,550
A project is expected to generate annual revenues of $128,900, with variable costs of $79,000, and fixed costs of $19,500. The annual depreciation is $4,550 and the tax rate is 34 percent. What is the annual operating cash flow?
Multiple Choice
- $51,447
- $21,611
- $70,947
- $34,950
- $30,400
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
