Question
A project is expected to generate annual revenues of $130,500, with variable costs of $79,600, and fixed costs of $20,100. The annual depreciation is $4,650
A project is expected to generate annual revenues of $130,500, with variable costs of $79,600, and fixed costs of $20,100. The annual depreciation is $4,650 and the tax rate is 40 percent. What is the annual operating cash flow?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
