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A project will reduce costs by $37,600 but increase depreciation by $17,700. What is the operating cash flow if the tax rate is 35 percent?
A project will reduce costs by $37,600 but increase depreciation by $17,700. What is the operating cash flow if the tax rate is 35 percent?
A. $24,665 B. $24,440 C. $19,355 D. $35,945 E. $30,635
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