Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A project will generate sales of $ 4 4 , 1 3 9 each. The variable costs are $ 1 2 , 7 4 1

A project will generate sales of $44,139 each. The variable costs are $12,741 and the fixed costs are $18,716. The project will use an equipment worth $114,265 that will be depreciated on a straight-line basis to a zero book value over a 10-year life of the project. If the tax rate is 21%, what is the operating cash flow?
Note: Enter your answer rounded off to two decimal points
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental accounting principle

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

21st edition

1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587

Students also viewed these Finance questions